How does an increased saving rate relate to increased labor productivity? Economic growth doesn’t simply depend on having more natural resources, more or higher quality labor, more capital, and so...

How does an increased saving rate relate to increased

labor productivity?

Economic growth doesn’t simply depend on having

more natural resources, more or higher quality labor,

more capital, and so on; it depends on people’s incentives to put these resources together to produce goods

and services. Do you agree or disagree? Explain your

answer.