Solved

Country a Has Real GDP Per Person of 250,000 While

Question 71

Multiple Choice

Country A has real GDP per person of 250,000 while Country B has real GDP per person of 500,000.All else constant,Country A will eventually have a higher standard of living than Country B if


A) the level of saving per person is 5.000 in Country A and 7,500 in Country B.
B) the level of saving per person is 3,000 in Country A and 6,000 in Country B.
C) Both of the above are correct.
D) None of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions