Business
Business, 31.03.2020 04:21, kingofthesea88

If the per-worker production function is y = Ak, where A is a positive constant, in the steady state, a: lower saving rate leads to a higher growth rate. higher saving rate does not affect the growth rate. higher saving rate leads to a higher growth rate. lower saving rate does not affect the growth rate.

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If the per-worker production function is y = Ak, where A is a positive constant, in the steady state...

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