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QUESTION
Do you think it is a problem that the US has a relatively low savings rate (When answering this question, you need to talk about national savings...
- Do you think it is a problem that the US has a relatively low savings rate (When answering this question, you need to talk about national savings rate not household savings only. National savings rate is discussed towards the end of chapter. Savings rate=National Savings/GDP)?
- Why do you think it is or it is not a problem?
- What might be done to raise this rate, by individuals, corporations or government?
