If the savings rate for a country is 12% and the rate of economic growth rate is

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If the savings rate for a country is 12% and the rate of economic growth rate is 3%, what will the wealth/income ratio for the society converge on in the long run?

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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Posted Date: Apr 23, 2024 12:10 AM

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If the savings rate for a country is 12% and the rate of economic growth rate is

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