Question: 11. Suppose the saving rate is initially greater than the golden rule saving rate. We know with certainty that a reduction in the saving rate


11. Suppose the saving rate is initially greater than the golden rule saving rate. We know with certainty that a reduction in the saving rate will cause A) areductionintherateofgmwthinthelongrun. B) a reduction in output per worker. C) a reduction in consumption per worker. D) all of the above E) none of the above
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