In the absence of technological progress, a decrease in the saving rate will cause which of the following? 1. have an ambiguous effect on the growth of output per worker 2. decrease temporarily the growth of output per worker 3.

In the absence of technological progress, a decrease in the saving rate will cause which of the following?
1. have an ambiguous effect on the growth of output per worker
2. decrease temporarily the growth of output per worker
3. increase the steady state growth of output per worker
4. decrease the steady state growth of output per worker
5. increase temporarily the growth of output per worker

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Posted Date: February 01, 2018 07:33:40