Suppose that in a given economy, both the savings rate and the depreciation rate increase. What would

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Suppose that in a given economy, both the savings rate and the depreciation rate increase. What would the effect of this dual movement be on the economy's capital per worker and output per worker in the short and the long run?

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Macroeconomics

ISBN: 9781292160504

7th Global Edition

Authors: Olivier J. Blanchard

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