Suppose There Are Two Countries That Are Identical with the Following

question 30

Multiple Choice

Suppose there are two countries that are identical with the following exception: the saving rate in country A is greater than the saving rate in country B. Given this information, we know that in the long run:

• A) the growth rate of output per capita will be the same in both countries.
• B) output per capita will be the same in both countries.
• C) the capital- labour ratio will be the same in both countries.
• D) the growth rate of output per capita will be greater in A than in B.
• E) the growth rate of output per capita will be greater in B than in A.

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