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Munze Munze
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7 years ago
In the absence of technological progress, an increase in the saving rate will cause which of the following?
A) increase temporarily the growth of output per worker
B) increase the steady state growth of output per worker
C) decrease temporarily the growth of output per worker
D) decrease the steady state growth of output per worker
E) have an ambiguous effect on the growth of output per worker
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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7 years ago
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Munze Author
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#2
6 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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