Because of __________, an Increase in the Saving Rate Leads

question 169

Short Answer

Because of __________, an increase in the saving rate leads to higher growth of income and productivity only for a while.

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested funds.

Term

A specified period of time during which certain conditions or agreements apply, or the definition of a concept or expression in specific contexts.