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How will increasing the level of domestic savings help economic growth?
Wiki User
∙ 13y ago
Increasing domestic savings will not help economic growth. Growth requires increase in production. Saving money would mean people don't buy as much, so production will go down.
Wiki User
∙ 13y ago
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What is one of the benefits of increasing economic interdependence'?
Greater economic growth is one of the benefits of increasing economic interdependence.
From the standpoint of economic growth banks are important to?
channel savings into investments.
What is Economic growth is a measure of the increase in?
the gross domestic product.
What is a period of rising economic growth and increasing employment.?
Recovery
Increasing economic interdependence also brings increased what?
GROWTH
What effect might increased savings have on economic growth?
Increased savings affects economic growth primary by changing the future level of savings with respect to investment. Since savings is matched to investment and investment is used to replace and purchase capital, future investment will determine the respective level of capital development. Economic growth, being a function of the factors of production, including capital, will be changed by increased savings by having a higher level of future capital. Moreover, increasing savings can increase or decrease future economic growth, depending on the difference between current investment and required investment. When current investment falls below required investment, future economic growth increases due to a savings increase and vice-versa. Decreasing growth is possible because factors of production have diminishing returns to scale, which means that increasing levels of capital have lower returns to productivity than previous units.
What is on of the benefits of increasing economic interdependence?
Greater economic growth is one of the benefits of increasing economic interdependence.
What is one of the benefits of increasing economic interdependence'?
Greater economic growth is one of the benefits of increasing economic interdependence.
What is one of the benefits of increasing interdependence?
Greater economic growth is one of the benefits of increasing economic interdependence.
From the standpoint of economic growth banks are important to?
channel savings into investments.
What helped the US economic growth in the 1950s?
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
What is Economic growth is a measure of the increase in?
the gross domestic product.
What economic growth in the US in the 1950?
domestic buying increased
What is a period of rising economic growth and increasing employment.?
Recovery
Increasing economic interdependence also brings increased what?
GROWTH
What helped lead to the US economic growth in 1950?
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
What helped lead to US's economic growth in the 1950s?
Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.
