Ask Question
BusinessBusiness
12 November, 11:43

Other things the same, a country that increases its saving rate increases a. neither its future productivity nor future real GDP. b. its future productivity and future real GDP. c. its future productivity, but not its future real GDP. d. its future real GDP, but not its future productivity.

+1
Answers (2)
  1. 12 November, 11:51
    0
    The correct option is C

    Explanation:

    Gross Domestic Product is the final value of the total amount of goods produced within a country's geographical boundary in a period of time. GDP can be calculated in 3ways using expenditure, production, or incomes.
  2. 12 November, 11:53
    0
    The correct option is "B," which is its future productivity and future real GDP.

    Explanation:

    A country that increases its saving rate will definitely have sufficient funds to invest in revenue yielding programmes and projects. An increase rate of savings will translate to more money in the hands of firms and households which will boost investment opportunities that will enhance productivity and Real GDP. Since GDP is the aggregate production of goods and services of a country within a specified period of time (usually one year), the increased rate of savings will improve the future real GDP because of increase in investment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Other things the same, a country that increases its saving rate increases a. neither its future productivity nor future real GDP. b. its ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Wesimann Co. issued 10-year bonds a year ago at a coupon rate of 8.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.
Answers (1)
A gas station owner in a large city learned in his microeconomics class that buyers are relatively unresponsive to changes in the price of gasoline. If, based on that assumption, he increases the price of gas at his station:
Answers (1)
In the single-period inventory model, the overage cost is A. salvage value per unit. B. sales price per unit minus cost per unit. C. cost per unit minus salvage value per unit. D. cost per unit minus sales price per unit.
Answers (1)
The rate of return on the common stock of Lancaster Woolens is expected to be 21 percent in a boom economy, 11 percent in a normal economy, and only 3 percent in a recessionary economy.
Answers (1)
During an economic upturn when consumer income rises, the demand for caviar increases and the demand for hummus decreases. This implies that caviar: A) and hummus are complements. B) is a normal good and hummus is an inferior good.
Answers (1)
New Questions in Business
Select all the correct answers Amber is writing to an accountant that she would like to interview to gain information about the career field. What information should she include in her letter? A.
Answers (2)
What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places.
Answers (2)
When the market fails to adjust for the full costs of a firm's behavior, this is called?
Answers (1)
What is the basic formula of the malthus theorem?
Answers (1)
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition new ways of pleasing customers taking advantage of economies of scale regulatory
Answers (1)
Home » Business » Other things the same, a country that increases its saving rate increases a. neither its future productivity nor future real GDP. b. its future productivity and future real GDP. c. its future productivity, but not its future real GDP. d.
Sign Up Forgot Password?