Plot net private saving of households and institutions as a percentage of GDP since 1960. Would you

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Plot net private saving of households and institutions as a percentage of GDP since 1960.

Would you say that the prediction is borne out? Discuss. How did the stock market change during the financial crisis in 2008 and 2009, and what happened to the saving rate in response?

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Macroeconomics

ISBN: 9780134896441

10th Edition

Authors: Andrew Abel, Ben Bernanke, Dean Croushore

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