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bedau bedau
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7 years ago
In the Solow growth model, from an initial steady state with fixed values of A, d, and n, an increase in the national saving rate causes the standard of living to
A) rise temporarily, and then fall back to its initial level.
B) rise and then hold constant at a new higher level.
C) grow at a slower rate temporarily, and then return to the initial growth rate.
D) grow at a permanently faster rate.
E) not change at all in the short run or the long run.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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7 years ago
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bedau Author
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7 years ago
Helped a lot
54321abs
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Yesterday
Brilliant ツ
DragonHeart
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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