Suppose an Economy Experiences an Increase in Its Saving Rate

question 156

Multiple Choice

Suppose an economy experiences an increase in its saving rate.The higher saving rate leads to a higher growth rate of productivity

• A)in the short run,but not in the long run.
• B)in the long run,but not in the short run.
• C)in both the short run and the long run.
• D)in neither the short run nor the long run.

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