Multiple Choice
Suppose the economy is initially in the steady state. A decrease in the depreciation rate (6) will cause:
A) a decrease in Y/N.
B) a decrease in C/N.
C) an increase in K/N.
D) an increase in the growth rate in the long run.
E) a decrease in the saving rate.
Correct Answer:
Verified
Correct Answer:
Verified
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