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Economics (AS & A Level) · Oct / Nov 2023 · Paper 32 · Question 25

9708Characteristics of countries at different levels of development

Which characteristics are most commonly found in low-income countries?

  1. Asaving ratio: low; capital-output ratio: low
  2. Bsaving ratio: high; capital-output ratio: low
  3. Csaving ratio: low; capital-output ratio: high
  4. Dsaving ratio: high; capital-output ratio: high

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Correct answer: A. saving ratio: low; capital-output ratio: low

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