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In the June quarter 2020, the household savings rate in Australia reached 20%. This was up from a rate of around 5% during 2019 and
In the June quarter 2020, the household savings rate in Australia reached 20%. This was up from a rate of around 5% during 2019 and was the highest level of the savings rate since June 1974. You hear a politician comment that "increases in savings are good for the country". Do you agree with this statement? Explain your answer.
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