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Vicious Circle of Poverty
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Problem 10
Vicious Circle of Poverty
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26. Special Topics / Vicious Circle of Poverty / Problem 8
Problem 8
What is the impact of low per capita income on savings and demand in a developing country?
A
It has no significant impact on savings and demand.
B
It results in low savings and low demand, hindering economic growth.
C
It results in high savings but low demand.
D
It leads to high savings and high demand, promoting economic growth.
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