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Economics (AS & A Level) · Oct / Nov 2021 · Paper 31 · Question 27

9708Characteristics of countries at different levels of development

What are the characteristics of most developing economies?

  1. Aratio of government debt to GDP high; average propensity to save high
  2. Bratio of government debt to GDP high; average propensity to save low
  3. Cratio of government debt to GDP low; average propensity to save high
  4. Dratio of government debt to GDP low; average propensity to save low

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Correct answer: B. ratio of government debt to GDP high; average propensity to save low

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