Problem
Assume two economies have exactly the same values of population growth, n, and labor's share of income, a, but that the savings rate in one economy is 22.2 percent and in the other is 18 percent. What can you say about the relative equilibrium level of income, y, in the two economies?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.