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The Golden Rule Level of the Steady-State Capital Stock

Question 1

Multiple Choice

The Golden Rule level of the steady-state capital stock:


A) will be reached automatically if the saving rate remains constant over a long period of time.
B) will be reached automatically if each person saves enough to provide for his or her
C) retirement. implies a choice of a particular saving rate.
D) should be avoided by an enlightened government.

Correct Answer:

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