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Consider/evaluate the validity of the following statement: The long-run production function model that we have examined in the last few chapters shows that the saving

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Consider/evaluate the validity of the following statement: The long-run production function model that we have examined in the last few chapters shows that the saving rate does not affect growth in the long run, so we should stop worrying about the low U.S. saving rate. Increasing the saving rate wouldn't have any important effects on the economy. Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Editor and character count)

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