Economics 9708 · AS & A Level · 11.4

11.4 — practice question

Which of the following are features typical of most developing economies?

  • Agovernment debt: GDP ratio high; average propensity to save high
  • Bgovernment debt: GDP ratio high; average propensity to save low
  • Cgovernment debt: GDP ratio low; average propensity to save high
  • Dgovernment debt: GDP ratio low; average propensity to save low

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