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if a country increased its saving rate,

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Other things the same, if a country increased its saving rate, in 40 years or so it would 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. None of the above is correct.

 

Paper#21666 | Written in 18-Jul-2015

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