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Concept Version 6
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The Importance of Aggregate Decisions about Consumption versus Saving and Investment

US Savings Rate

US Savings Rate

Savings have declined in the US on aggregate since the 1980s, which means that the proportion of income spent on consumption and investment increased.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "US personal saving rate 1960-2010."
    http://commons.wikimedia.org/wiki/File:US_personal_saving_rate_1960-2010.jpg Wikimedia CC BY.

Related Terms

  • aggregate demand
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