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dbomb1 dbomb1
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A year ago
Scenario: Consider two countries: Country A and Country B. Both countries have the identical aggregate production functions, populations, and efficiency units of labor, but they have different saving rates. The saving rate is higher in Country A than in Country B.


Refer to the scenario above. If both economies have identical depreciation rates, then Country A's steady-state equilibrium will ________ Country B's steady-state equilibrium.

▸ lie to the right and above

▸ lie to the left and above

▸ lie to the left and below

▸ lie to the right and below
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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skdiveelisskdiveelis
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A year ago
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dbomb1 Author
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A year ago
Brilliant ツ
Gorgio_De
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Yesterday
Thanks
erimis
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2 hours ago
this is exactly what I needed
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