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The share of gdp devoted to investment was similar for the

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?

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Macroeconomics: The share of gdp devoted to investment was similar for the

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