A high capital-output ratio means (a) higher economic growth. (b) lower economic growth. (c) high investment rate.

Question:

A high capital-output ratio means

(a) higher economic growth.

(b) lower economic growth.

(c) high investment rate.

(d) an economy does not save.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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