Suppose there are two countries that are identical with the following exception.The saving rate in country A is greater than the saving rate in country B.Given this information,we know that in the long run
A) the capital-labor ratio (K / N) will be greater in B than in A.
B) the capital-labor ratio (K / N) will be greater in A than in B.
C) the capital-labor ratio (K / N) will be the same in the two countries.
D) economic growth will be higher in A than in B.
Correct Answer:
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