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Assuming all other factors remain constant, a sustained reduction in the saving rate within a steady-state economy would result in... Question 5 Answer a. a
Assuming all other factors remain constant, a sustained reduction in the saving rate within a steady-state economy would result in... Question 5 Answer a. a decrease in the capital-labor ratio and an increase in consumption per worker. b. an increase in the capital-labor ratio and a decrease in consumption per worker. c. an increase in the capital-labor ratio and an increase in consumption per worker. d. a decrease in the capital-labor ratio and a decrease in consumption per worker
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