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Munze Munze
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Posts: 996
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7 years ago
Suppose the saving rate is initially less than the golden rule saving rate. We know with certainty that a reduction in the saving rate will cause
A) a reduction in the capital labor ratio.
B) a reduction in output per worker.
C) a reduction in consumption per worker.
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 118 times
2 Replies
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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Posts: 686
7 years ago
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Munze Author
wrote...
6 years ago
Thanks so much Slight Smile I'll post more questions
Macroeconomics, 6/E (Blanchard, Johnson)
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