An Increase in the __________ Leads to a Higher Steady-State

question 50

Multiple Choice

An increase in the __________ leads to a higher steady-state level of output per worker;and a decline in __________ leads to a lower steady-state level of output per worker.

• A)productivity;saving rate
• B)saving rate;productivity
• C)saving rate;depreciation rate
• D)Both a and b are correct.
• E)none of the above

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