The level of saving per person

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Reference no: EM13802234

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.

Reference no: EM13802234

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