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Roar Roar
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Posts: 986
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7 years ago
Suppose there is a reduction in the saving rate. This decrease in the saving rate will cause a reduction in which of the following once the economy reaches its new steady state equilibrium?
A) growth rate of output
B) growth rate of capital
C) growth rate of capital per worker
D) all of the above
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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legendvpnlegendvpn
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Posts: 686
7 years ago
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Roar Author
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6 years ago
Great answer, ty
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