An economy with a large share of young people will have more total savings than one with more late middle-aged people.

Name: An economy with a large share of young people will have more total savings than one with more late middle-aged people.
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Question

Quizplus · Accepted Answer

The statement is false. Late middle-aged people tend to have higher incomes and accumulated savings than young people, so an economy with more late middle-aged people is likely to have more total savings.

An Economy with a Large Share of Young People Will