If a country's saving rate declined,then other things the same,in the long run it would have

Question

Quizplus · Accepted Answer

A decline in a country's saving rate means that there is less investment in capital goods (such as machinery and technology), which can lead to lower productivity in the long run. With lower productivity, the country would also likely experience lower real GDP per person, as output per person would decrease. Therefore, choice B is the best answer.

If a Country's Saving Rate Declined,then Other Things the Same,in