0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Why do you think the US has a negative savings rate?
United States citizens have a negative savings rate because they are not motivated to save. The banks do not pay a high return on the money saved. People have the attitude that they want everything now and spend the money to get it.
What was the average savings interest rate in 1995 - 2011?
average savings account rate in 1995?
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
What interest rate would the best online savings account pay in the United States?
A 1% annual percentage yield is likely to be the best interest rate for an online savings account. Barclays, who launched an online bank for customers in the US in May of 2012, has a 1% rate.
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
Why do you think the US has a negative savings rate?
United States citizens have a negative savings rate because they are not motivated to save. The banks do not pay a high return on the money saved. People have the attitude that they want everything now and spend the money to get it.
What is the national savings of the United States?
The current national savings rate of the United States is negative, specifically -3.9%. This means that Americans, on average, are spending more than they are earning.
Do college savings accumulate more through Upromise or a typical savings bond?
The US Treasury Savings Bond rate is less than 1% today and will probably remain there for a considerable period of time. The Upromise program offers rebates ranging from 1-25% on items you are going to purchase anyway. When considering savings rates, the Upromise program has a higher return rate than do the US Treasury bonds. Upromise is geared for college savings so you will receive a premium rate on your money. A conventional savings account will allow more flexibility.
What was the average savings interest rate in 1995 - 2011?
average savings account rate in 1995?
What are the negative impact of decreasing the interest rate?
1) Decrease in the value of savings causes redistribution of assets. This redistribution has associated costs.2) Increased consumption due to the increased cost of savings causes inflation.
Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
What was the average savings interest rate 1993?
The average interest rate on savings accounts is 3.5 to 4%
What interest rate would the best online savings account pay in the United States?
A 1% annual percentage yield is likely to be the best interest rate for an online savings account. Barclays, who launched an online bank for customers in the US in May of 2012, has a 1% rate.
what does having a savings rate do for you?
Having a savings rate can do alot for you , I would take to a banker about it more to find out if it is suitable for you .
What is the average savings interest rate 2008-2009?
The average savings interest rate in banks is 3.5 to 4%
What are savings rates?
Savings rate is the amount of money saved divided by disposable income. The savings rate is expressed as a percentage. Saved meaning money put away and not spent.
Which of the following countries has the lowest household savings rate A China b India c US d UK?
India
