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Suppose there is a permanent increase in a country saving

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Reference no: EM13293200

Suppose there is a permanent increase in a country's saving rate. This increase in the saving rate will cause:

Answer 

a permanently higher level of capital per worker. 

a permanently higher level of output per capita. 

a permanently faster growth rate of output. 

both of the first two answers above 

none of the above.

Reference no: EM13293200

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