Multiple Choice
Refer to the following figure when answering the following questions.
Figure 5.4: Solow Diagram
-Figure 5.4 represents two countries, 1 and 2. Country ________ has a higher saving rate and will have a ________ steady state than the other country.
A) 2; lower
B) 1; higher
C) 2; higher
D) 1; lower
E) Not enough information is given.
Correct Answer:

Verified
Correct Answer:
Verified
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