Country A has real GDP per person of 250,000 while Country B has real GDP per person of 500,000.All else constant,Country A will eventually have a higher standard of living than Country B if
A) the level of saving per person is 5.000 in Country A and 7,500 in Country B.
B) the level of saving per person is 3,000 in Country A and 6,000 in Country B.
C) Both of the above are correct.
D) None of the above are correct.
Correct Answer:
Verified
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