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QUESTION

In the long run, a higher saving rate: does not lead to a higher level of income due to deterioration in labor productivity B.

In the long run, a higher saving rate:

A.  does not lead to a higher level of income due to deterioration in labor productivity

B.  always leads to a higher level of productivity due to increasing returns to scale

C.  does not always lead to a higher growth rate of output due to diminishing returns to capital

D.  always leads to higher growth rate of output due to improvement in the stock of human capital

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