Multiple Choice
Suppose the saving rate is initially greater than the golden rule saving rate.We know with certainty that a reduction in the saving rate will cause
A) a reduction in the rate of growth in the long run.
B) a reduction in output per worker.
C) a reduction in consumption per worker.
D) all of the above
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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