Q. Savings rate is relatively low in developed economies because of

  • (A) Welfare programmes
  • (B) High interest rate
  • (C) Low per capital income
  • (D) Liquidity/Borrowing constraint
✅ Correct Answer: (A) Welfare programmes

Published by Vishal Gupta ⭐ 7.73K Points at 22-Sep-2021 05:23 am in Economic

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