Question
Suppose that a country has a depreciation rate of 3 percent, a national savings rate of 6 percent, and growth in net exports of 4
Suppose that a country has a depreciation rate of 3 percent, a national savings rate of 6 percent, and growth in net exports of 4 percent. Assume that the savings are efficiently transformed into investment, what is the investment rate for this country?
2 percent
10 percent
-1 percent
5 percent
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
