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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
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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