Now suppose that over time a country doubles its

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Unformatted text preview: suppose that over time a country doubles its workers, its natural resources, its physical capital, and its human capital, but its technology is unchanged. Which of the following would double? (a) (b) (c) (d) both output and productivity output, but not productivity productivity, but not output neither productivity nor output . An increase in the saving rate would, other things the same, (a) increase growth more for a poor country than for a rich country, and raise growth permanently. (b) increase growth more for a poor country than for a rich country, but raise growth temporarily. (c) increase growth more for a rich country than for a poor country, and raise growth permanently. (d) in...
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