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Saving influences on economic activity

Fictional Battle Omniverse :: General Board :: Education Room

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Saving influences on economic activity Empty Saving influences on economic activity

Post by Beyonder Fri Apr 29, 2016 12:52 pm

Describe how saving may influence economic activity?

  • Makes more money available to be used by individuals and the government.  
  • When the borrowed money is spent, the demand for goods and services is increased.
  • Increase demand creates more jobs and spending for workers.
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