10 Suppose Australians decided to save more of their incomes. If banks lend this money to businesses,...

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10 Suppose Australians decided to save more of their incomes. If banks lend this money to businesses, which use the money to build new factories, how might higher saving lead to faster productivity growth? Who do you suppose benefits from higher productivity? Is society getting a free lunch?

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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