Data from most industrialized countries show that countries with high investment rates (as a percentage of GDP) tend to be countries
A. with the highest rates of inflation.
B. with the most unequal income distribution.
C. with high rates of economic growth.
D. with the lowest rate of national saving.
Ans: C. with high rates of economic growth.
You might also like to view...
________ motivates charitable giving because of selfish reasons, such as the appearance of generosity
A) Pure altruism B) Impure altruism C) Consumerism D) Rationalism
According to Elinor Ostrom's view of The Tragedy of the Commons:
A. The only way to prevent the collapse of the commons is government intervention. B. The only way to prevent the collapse of the commons is to privatize the commons so that it is owned by a single individual. C. Individuals will create institutions to prevent the collapse of the commons. D. Individuals will use the commons beyond the socially efficient point.