Consider the following countries: China (mainland), Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand, and Vietnam
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Question:
Consider the following countries: China (mainland), Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand, and Vietnam to answer the following:
a) Among these countries, which three had the highest average ratio of investment to GDP between 1960 and 2019?
b) Which three countries had the lowest average ration of consumption to GDP between 1960 and 2019?
c) Are there tradeoffs to having a high rate of investment? Use your National Income Accounting equation to explain.
Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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