________ save a ________ of their income. This ________ capital in their economy and raises economic growth

A) High-income countries; large proportion; increases
B) Developing countries; large proportion; decreases
C) High-income countries; small proportion; increases
D) Developing countries; small proportion; increases

A

Economics

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Giving the store clerk a $20 bill for a sweater priced at $20 is an example of money serving as a

A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred value.

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When the Fed buys bonds in the open market, we can expect

A) bond prices and interest rates to fall. B) bond prices to rise and interest rates to fall. C) bond prices to fall and interest rates to rise. D) bond prices and interest rates to rise.

Economics