In a penal discussion, you are supposed to argue and discuss the following scenarios. Develop your argument by providing 2 practical examples.

Europeans have decided to save more of their income this year. On other hand if European banks lend this extra saving to businesses, which use the funds to build new factories, how might this leads to faster growth in productivity?

Being a policymaker, list at least two policies that attempt to raise living standards of Pakistan, by increasing one of the determinants of productivity?