13. Suppose Canadians decide to save more of their incomes. If banks lend this extra saving to...

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13. Suppose Canadians decide to save more of their incomes. If banks lend this extra saving to businesses, which use the funds to build new factories, how might this lead to faster growth in productivity?

Who do you suppose benefits from the higher productivity? Is society getting a free lunch?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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Question Posted: Sep 28, 2024 07:02 AM

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13. Suppose Canadians decide to save more of their incomes. If banks lend this extra saving to...

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Principles Of Macroeconomics

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