School of Economics | Would an increase in savings help the economy?
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08 Mar

Posted at 00:58h in Part 3 by
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 Tejvan Pettinger  The savings ratio a big determinant of economic activity. Consumer spending accounts for 63% of GDP – dwarfing other areas, such as government spending, investment and exports. A rise in the savings ratio can have a very significant impact on economic activity. A blogger, mentioned a minister,...