Economics · Capital Formation
Which of the following is NOT a major bottleneck in capital formation in developing economies?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1High national saving rate✓
- 2Demonstration effect hindering savings
- 3Low levels of national and per capita income
- 4Small size of market restricting investment incentives
Correct answer
High national saving rate
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