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An Increase in the Saving Rate, in Solow's Neoclassical Growth

Question 32

Multiple Choice

An increase in the saving rate, in Solow's neoclassical growth model,


A) increases the rate of growth of output over the long run.
B) decreases the rate of growth of output over the long run.
C) increases the rate of growth of output temporarily.
D) decreases the rate of growth of output temporarily.
E) none of the above.

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