course COVID resources es > BCK401 > TESTS > BCK401 Supplementary EMA 2021 Suppose South Africa experiences rapid population growth. To prevent a reduction in the average living standard of its population, South Africa's GNP must grow by at least 3 percent per year. If South Africa has an ICOR of 4.0 and a depreciation equal to 2, to achieve this growth target it has to ensure a saving rate of Select one: 0 6 percent. O 14 percent. O 10 percent. O 20 percent. Next page m a Co A KO WP N W