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Ao9 Ao9
wrote...
Posts: 1908
Rep: 1 0
8 years ago
In the Solow growth model, an increase in the savings rate
A) must reduce per capita consumption.
B) raises steady state per capita output.
C) must reduce the standard of living.
D) raises the growth rate in aggregate output.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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Answer verified by a subject expert
GordisGordis
wrote...
Top Poster
Posts: 1906
8 years ago
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Ao9 Author
wrote...
8 years ago
You're sharp, thanks!
wrote...
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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