CFA Practice Question

There are 253 practice questions for this study session.

CFA Practice Question

The neoclassical model says a higher saving rate:
A. permanently raises the rate of growth in the economy.
B. brings a higher level of per capita output even in the long run.
C. does not increase the level of labor productivity.
Explanation: Although a higher saving rate does not permanently raise the growth rate of output, it will increase level of per capital output (labor productivity).

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