4. According to the Solow model, if an economy increases its saving rate, then in the new...
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4. According to the Solow model, if an economy increases its saving rate, then in the new steady state, compared with the old one, the marginal product of capital will be and the growth rate will be .
a. the same, lower
b. the same, higher
c. lower, the same
d. higher, the same
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