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    Principles of Economics Study Set 8
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    Exam 25: Production and Growth
  5. Question
    What Are the Long-Run Effects on Productivity and Income of an Increase
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What Are the Long-Run Effects on Productivity and Income of an Increase

Question 137

Question 137

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What are the long-run effects on productivity and income of an increase in the saving rate?

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In the long run, a higher savi...

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