Suppose an Economy Experiences a Decrease in the Saving Rate

question 40

Multiple Choice

Suppose an economy experiences a decrease in the saving rate. We know with certainty that this decrease in the saving rate will:

• A) decrease the growth of output per worker only temporarily.
• B) increase the steady state growth of output per worker.
• C) increase the growth of output per worker only temporarily.
• D) have an ambiguous effect on the growth of output per worker.
• E) decrease the steady state growth of output per worker.

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