Multiple Choice
Other things the same, if a country increased its saving rate, in 40 years which of the following would that country likely have?
A) higher productivity and a higher growth rate of real GDP
B) higher productivity but not a higher growth rate of real GDP
C) the same productivity and growth of real GDP it began with
D) higher productivity growth rate and higher real GDP
Correct Answer:
Verified
Correct Answer:
Verified
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