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Economics

Suppose the saving rate is initially less than the golden rule saving rate. We know with certainty that a decrease in the saving rate will cause:

Select one:

a. a decrease in the capital-labour ratio

b. a decrease in consumption per worker

c. a decrease in output per worker

d. all of the above

e. none of the above

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91229908

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