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Homework answers / question archive / In the long run, an increase in the saving rate in a steady-state economy will cause A) an increase in the capital-labour ratio and a decrease in consumption per worker

In the long run, an increase in the saving rate in a steady-state economy will cause A) an increase in the capital-labour ratio and a decrease in consumption per worker

Economics

In the long run, an increase in the saving rate in a steady-state economy will cause A) an increase in the capital-labour ratio and a decrease in consumption per worker. B) an increase in the capital-labour ratio and an increase in consumption per worker. C) a decrease in the capital-labour ratio and a decrease in consumption per worker. D) None of above. 

 

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