Suppose an Economy Is in a Steady State,then Its Saving

question 58

Multiple Choice

Suppose an economy is in a steady state,then its saving rate falls,once and permanently.As the economy approaches its new long-run steady state,consumption per worker is ________.

• A)falling
• B)rising
• C)unaffected
• D)either rising or falling

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Definitions:

Playground

An outdoor area designated for children to play, often equipped with recreational structures such as slides and swings.

Space Control

The regulation and management of the physical and operational space of satellites and spacecraft in outer space.

Spatial Relations

The understanding of how objects or shapes are positioned in space relative to each other.

Mathematical Skills

Abilities related to understanding, manipulating, and applying numeric and spatial concepts.