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Mellissav92 Mellissav92
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6 years ago
A higher saving rate leads to faster growth because
A) more saving produces greater additions to capital per hour of labor, raising real GDP per person.
B) capital would wear out faster.
C) people could consume more of an economy's output.
D) population growth would accelerate.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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brakebrake
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6 years ago
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