How will an increase in the savings rate affect the growth

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a. How will an increase in the savings rate affect the growth rate of per capita output in an endogenous growth model? b. How will an increase in the savings rate affect the growth rate of per capita output in the neoclassical growth model? c. What can endogenous growth theory explain that neoclassical growth theory cannot? What can’t endogenous growth theory explain?

Reference no: EM13148860

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