Saving is a larger percentage of domestic output in DVCs than in IACs, but the saving is put to poor
use.

Question

Quizplus · Accepted Answer

In general, Domestic Savings as a percentage of GDP can vary widely among Developing and Industrialized countries, but it's not accurate to say that savings are always a larger percentage of domestic output in Developing Countries (DVCs) than in Industrialized Advanced Countries (IACs). Moreover, the effectiveness of how savings are utilized (investment efficiency) can also vary significantly within both groups and does not universally apply as stated.

Saving Is a Larger Percentage of Domestic Output in DVCs