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A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
- Martin FeldsteinPhoto by Damiano Baschiera on Unsplash
A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
- Martin FeldsteinA second reason why science cannot replace judgement is the behavior of...
A second reason why science cannot replace judgement is the behavior of...
First I think the science of monetary economics has clearly gotten better.
But because we in the United States finance our current account deficit by...
The reason for the unreason with which you treat my reason , so weakens my reason that with reason I complain of your beauty.
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