Business, 15.01.2020 01:31 payshencec21
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
Answers: 3
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Country a has real gdp per person of 250,000 while country b has real gdp per person of 500,000. all...
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