In the neoclassical growth model, n increase in the saving rate result
In the neoclassical growth model, n increase in the saving rate results in
a. faster permanent growth without a resultant effect on the equilibrium growth rate.
b. faster temporary growth without an effect on the long-run equilibrium growth rate.
c. faster temporary growth with a resultant effect on the equilibrium growth rate.
d. None of the above
ANSWER
B
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