In Fiji,total saving is $560 million,while GDP is $4.4 billion.In Papua New Guinea,total saving is $2.4 billion,while GDP is $16.9 billion.Which of the following is true?
A) Fiji's saving rate is at least one percentage point higher than that of Papua New Guinea.
B) Papua New Guinea's saving rate is at least one percentage point higher than that of Fiji.
C) Fiji and Papua New Guinea have exactly the same saving rate.
D) Fiji and Papua New Guinea have saving rates that are less than one percentage point apart, but are not exactly equal.
Correct Answer:
Verified
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