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Essay

Is Saving bad for the economy

Essay specific features

 

Issue:

Business

 

Written by:

Cecilia H

 

Date added:

November 17, 2012

 

Level:

University

 

Grade:

 

No of pages / words:

3 / 779

 

Was viewed:

3400 times

 

Rating of current essay:

 
Essay content:

This relates to the article at hand clearly and somehow it goes along side by side with what Shostak had discussed in his article. The article discusses the concern of the Fed's Open Market Committee in year 2001 that consumers might boost their savings thereby weakening the economic expansion. Shostak goes further by stating that savings could be detrimental to the economy as it weakens the demand for goods and services...
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Shostak goes further by stating that savings could be detrimental to the economy as it weakens the demand for goods and services. He also describes the how is the economy is a circular flow of money by giving several examples. He states that what one person spends is consider as earnings for another...
displayed 300 characters

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