1. A higher rate of saving at the national level will, in the long-run ________.
A.cause a decrease in levels of capital and output.
B. have no effect on levels of capital and output.
C. lead to an increase in population growth.
D. cause an increase in levels of capital and output.
2. Other things the same, in the Solow model in the steady state, a higher rate of population growth ________ growth rate of output per worker.
A.leads to a higher
B.leads to a lower
C.has no long-run effect on the
D. has an ambiguous effect on the