In the Absence of Technological Progress,an Increase in the Saving

question 38

Multiple Choice

In the absence of technological progress,an increase in the saving rate will cause which of the following?

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

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