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As the baby boomers are aging, they are realizing that they haven't saved nearly enough money to retire on. So they have started increasing their
As the baby boomers are aging, they are realizing that they haven't saved nearly enough money to retire on. So they have started increasing their savings rate. Show how this increase in savings affects the investment-savingsLiquidity and Money full employment line model. What happens to output and the interest rate in the short run?
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