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An Endogenous Growth Model Predicts That If the Rates of Both

Question 20

Multiple Choice

An endogenous growth model predicts that if the rates of both population growth and saving increase, then the growth rate of GDP per capita will


A) increase
B) decrease
C) stay the same
D) temporarily increase, but then go back to its original level
E) either increase, decrease, or stay the same (we cannot say for sure)

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