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johnpaul92 johnpaul92
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9 years ago
In the long run, an increase in the saving rate in a steady-state economy will cause
A) an increase in the capital-labor ratio and an increase in consumption per worker.
B) an increase in the capital-labor ratio and a decrease in consumption per worker.
C) a decrease in the capital-labor ratio and an increase in consumption per worker.
D) a decrease in the capital-labor ratio and a decrease in consumption per worker.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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9 years ago
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johnpaul92 Author
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#2
9 years ago
This is incredible, wasn't expecting anyone to answer this one
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