does a higher rate of savings lead to higher growth temporarily or indefinitely

Anonymous
timer Asked: Nov 5th, 2013
account_balance_wallet $5

Question Description

does a higher rate of savings lead to higher growth temporarily or indefinitely?

Tutor Answer

RSaleem786
School: UT Austin

A higher rate of saving leads to higher growth in the long run, as well as a rise in the economy's standard of living.

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Anonymous
Top quality work from this guy! I'll be back!

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