Question: Indicate whether the following statement is true, false, or uncertain. Provide a brief explanation for your answer. Marks are awarded for the explanation only. A

Indicate whether the following statement is true, false, or uncertain. Provide a brief explanation for your answer. Marks are awarded for the explanation only. A correct true, false, or uncertain designation with an incorrect explanation will receive zero marks.

In the Solow model, it is possible that the saving rate(s)

(s)is too high from the perspective of people who want to maximize consumption.

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