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Munze Munze
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6 years ago
In the absence of technological progress, we know with certainty that an decrease in the saving rate will cause which of the following?
A) decrease steady state consumption
B) increase steady state consumption
C) have no effect on steady state consumption
D) decrease steady state consumption only if the decrease in saving exceeds the increase in depreciation
E) decrease steady state consumption only if the decrease in saving is less than the decrease in depreciation
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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6 years ago
Just got PERFECT on my quiz
DragonHeart
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Yesterday
Smart ... Thanks!
joyceess
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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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