If a country increases its saving rate,the steady-state equilibrium level of ________.

Name: If a country increases its saving rate,the steady-state equilibrium level of ________.
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Increasing the saving rate in a country typically leads to a higher level of investment in physical capital, which in turn increases the steady-state equilibrium level of GDP. Higher savings provide more resources for investment in capital goods, enhancing productivity and output.

If a Country Increases Its Saving Rate,the Steady-State Equilibrium Level