In the Absence of Technological Progress,a Decrease in the Saving

question 21

Multiple Choice

In the absence of technological progress,a decrease in the saving rate will cause which of the following?

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

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Definitions:

South Asians

Individuals originating from the southern region of the Asian continent, including countries like India, Pakistan, Bangladesh, and Sri Lanka.

Popular Culture

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