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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