Multiple Choice
Assume that a country experiences a permanent increase in its saving rate. Which of the following will occur as a result of this increase in the saving rate?
A) A permanently faster growth rate of output.
B) A permanently higher level of output per capita.
C) A permanently higher level of capital per worker.
D) Both A and B.
E) Both B and C.
Correct Answer:

Verified
Correct Answer:
Verified
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