True or false? The higher the steady-state capital-labour ratio is, the more consumption each worker can enjoy
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The statement is false Increases in the capitallabour ratio increa...View the full answer
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Related Book For 
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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