Question
Because capital is subject to diminishing returns, higher saving and investment do not lead to higher a.growth in the long run. b.income in the short
Because capital is subject to diminishing returns, higher saving and investment do not lead to higher
a.growth in the long run.
b.income in the short run.
c.growth in the short run.
d.income in the long run.
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Microeconomics Theory And Applications With Calculus
Authors: Jeffrey M. Perloff
4th Edition
134167384, 134167381, 978-0134167381
