The saving rate in an economy equals ________.

Question

Quizplus · Accepted Answer

The saving rate in an economy is calculated by dividing the aggregate saving by GDP, therefore option D is the correct choice. Option A is incorrect because it subtracts consumption from GDP instead of dividing saving by GDP. Option B is incorrect because it divides GDP by saving instead of dividing saving by GDP. Option C is incorrect because it multiplies saving by GDP instead of dividing saving by GDP.

The Saving Rate in an Economy Equals ________