An increase in savings can be brought about

Name: An increase in savings can be brought about
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Savings can be encouraged through government policies such as tax incentives for saving or the provision of retirement savings plans. While other factors such as increased productivity may lead to higher incomes and therefore the potential for increased savings, government policies specifically targeting savings tend to have a more direct impact on overall savings levels.

An Increase in Savings Can Be Brought About