6. Economists often lament the low level of national saving. Low saving impedes capital growth, productivity, and
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6. Economists often lament the low level of national saving. Low saving impedes capital growth, productivity, and living standards. For this reason, economists tend to favour policies designed to increase saving. Suppose that all Canadians choose to increase their saving. What would be the effect of increased saving on the value of the dollar and on net exports?
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Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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