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History, 20.07.2019 20:00 jakeisadog698
How does a higher level of saving lead to higher gdp in the future? because a higher national savings rate encourages immigration and expands the labor force because increased savings will divert money that would be spent on imported goods in the current year because more capital is available for investment, leading to higher output through capital deepening because the government taxes savings accounts to pay for education
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How does a higher level of saving lead to higher gdp in the future? because a higher national savin...
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