It has been said that a society with a high savings rate is a society with a

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It has been said that a society with a high savings rate is a society with a high standard of living. What is the link (if any) between saving and a relatively high standard of living?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:53 AM

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It has been said that a society with a high savings rate is a society with a

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Higher savings make it possible to fund greater amounts of investment ...View the full answer

Economics

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