Assume Two Economies Are Identical in Every Way Except That

Multiple Choice

Assume two economies are identical in every way except that one has a higher saving rate.According to the Solow growth model,in the steady state,the country with the higher saving rate will have __________ level of total output and __________ rate of growth of output as (than) the country with the lower saving rate.

A) a higher;a higher
B) a higher;the same
C) a lower;a higher
D) a higher;a lower
E) the same;the same