214k views
5 votes
An increase in savings __________.

User Pduncan
by
7.7k points

1 Answer

6 votes
An increase in savings leads to an increase in long-term income if the savings is earning interest, but takes away from immediate spending ability in the short-run.
User Fkerber
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.