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Discuss the Savings Rate and It's Implication for the U

question 41

Essay

Discuss the savings rate and it's implication for the U.S.economy.


Definitions:

Receipts

Documents acknowledging the receipt of payment for goods or services received.

Currency

The system of money in general use in a particular country.

NSF Check

A check that cannot be processed because the drawer's account does not have sufficient funds, standing for Non-Sufficient Funds.

Deposit In Transit

Funds that have been deposited by a company but not yet credited to its bank account.

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