Business, 15.10.2020 08:01, matt199296

Consider the effects of an increase in the saving rate in the United States capital-labor ratio, according to the Solow model. The immediate effect of a saving rate increase would: a. begin to increase the capital-labor ratio, increase output per worker, and reduce consumption per worker.
b. not immediately increase the capital-labor ratio, increase output per worker, and reduce consumption per worker.
c. begin to increase the capital-labor ratio, increase output per worker, and increase consumption per worker.
d. begin to increase the capital-labor ratio, not immediately increase output per worker, and reduce consumption per worker.

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Consider the effects of an increase in the saving rate in the United States capital-labor ratio, acc...