In the Solow Model, an increase in the saving rate will not result in an increase in

Name: In the Solow Model, an increase in the saving rate will not result in an increase in
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In the Solow Model, an increase in the saving rate leads to an increase in investment and the capital stock, which in turn leads to an increase in output. However, the model assumes a fixed population, so an increase in the saving rate will not result in an increase in the population.

In the Solow Model, an Increase in the Saving Rate