Even if gross national saving were only sufficient to replace depreciated capital, the economy could grow to some extent because replacing worn-out and used capital with new equipment tends to bring improved technology into the production process.
If gross national saving was only sufficient to replace depreciated capital, the economy would still grow.
If gross national saving was only sufficient to replace depreciated capital, the economy would not grow.
An old man stands in the middle of the sidewalk.
man eats apple
A elderly couple fed the birds in the park.
The board and auditors should align their interests to work independently.
The duck is on concrete.
I went to Maine Bowden College which was an all-male school in Brunswick, Maine.