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Low rates of savings in Canada can limit the accumulation of physical capital. This is because if a country must rely primarily on:
Low rates of savings in Canada can limit the accumulation of physical capital. This is because if a country must rely primarily on:
a) domestic sources to provide for investment, a low per capita consumption will result in a low rate of physical capital accumulation.
b) international sources of savings in order to provide funds for investment, a low savings rate will result in a low rate of physical capital accumulation.
c) domestic sources of savings in order to provide funds for investment, a low savings rate will result in a low rate of physical capital accumulation.
d) any sources of savings in order to provide funds for investment, a low savings rate will result in a low rate of physical capital accumulation.
