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The share of GDP devoted to investment was similar for the United States and South Korea from 1960-1

The share of GDP devoted to investment was similar for the United States and South Korea from 1960-1991 However, during these same years South Korea had a 6 percent growth rate of average annual income, while the United States had only a 2 percent growth rate If the saving rates were the same, why were the growth rates so different?
 

Apr 24 2020 View more View Less

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