In the long run a higher saving rate A

does not lead to a higher level of income due to deterioration

Question

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

Economics