For This Question,assume That a Country Experiences a Permanent Increase

question 2

Multiple Choice

For this question,assume that a country experiences a permanent increase in its saving rate.Which of the following will occur as a result of this increase in the saving rate?

• A)a permanently faster growth rate of output
• B)a permanently higher level of output per capita
• C)a permanently higher level of capital per worker
• D)all of the above
• E) both B and C.