Increases in the rate of return on saving will increase the level of saving in the economy.

Name: Increases in the rate of return on saving will increase the level of saving in the economy.
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Question

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When the rate of return on saving increases, individuals will be incentivized to save more money as they can earn a higher return on their savings. This will lead to an increase in the level of saving in the economy.

Increases in the Rate of Return on Saving Will Increase