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Other Things Being Equal, a Country with a High National

Question 37

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Other things being equal, a country with a high national saving rate may have a long- run growth rate because more saving increases the .


A) high; availability of funds, thus lowering the interest rate
B) high; wealth of people and increases future consumption
C) low; unemployment and decreases wages in the long run
D) high; interest rate and encourages more investment
E) low; consumption in the long run

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