In the neoclassical theory of growth a higher saving rate leads to?

804Active Users

804Active Users

157EconomicsMedium

Ano change in the growth rate

Ba fluctuating growth rates

Ca fluctuating growth rate

Da higher growth rates

Correct answer

A. no change in the growth rate

Explanation

The correct answer is no change in the growth rate.

In the neoclassical theory of growth a higher saving rate leads to? - Answer and Explanation | Academy of Pakistan