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I need great explanation please and if you have opinion I would love to hear it/ thank you 3. The U.S. savings rate has fallen

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I need great explanation please and if you have opinion I would love to hear it/ thank you

image text in transcribed
3. The U.S. savings rate has fallen from an annual rate of around 13% in the mid- 1970s to 6% at the end of 2018. What are the consequences of a declining savings rate for economic growth

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