CUHK Economics Project Exhibition 2024

Q1: (T/F) National wealth solely relies on government policies and not individual saving behaviour.

Q2: (MC) What is the impact of increased national saving rates on a country's economy?

1. It decreases the gross domestic product (GDP) because less money is being spent in the economy.
2. It increases long-term economic growth by providing more funds for investment.
3. It leads to immediate increases in consumer spending.
4. It has no impact on the economy as savings are generally held in non-productive assets.