Suppose that a country in a steady state implements policies to-09214
Suppose that a country in a steady state implements policies to increase its saving rate. After the new steady state is reached:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.6.
Suppose that a country in a steady state implements policies to increase its saving rate. After the new steady state is reached:
Output per worker will grow more rapidly than before.
The level of output per worker will be higher than before
The amount of capital per worker will be the same as before
All of the given options