Suppose Albania increases its saving rate.In the long run
A) the growth rates of productivity and real GDP per person increase.
B) productivity and real GDP per person increase.
C) the growth rate of productivity increases, and real GDP per person increases.
D) productivity increases, and the growth rate of real GDP per person increases.
Correct Answer:
Verified
Q21: If a country were to increase its
Q27: Suppose that a country increased its saving
Q28: Other things the same,a country that increases
Q48: Other things the same,if a country increased
Q58: Suppose that there are diminishing returns to
Q124: An increase in the saving rate would,other
Q125: Suppose that Turkey undertakes a policy to
Q132: Suppose that there are diminishing returns to
Q134: If a country's saving rate declined,then other
Q276: The traditional view that the production process
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents