At the household level, higher saving rates lead to ________ and greater economic security.
A)greater current consumption
B)greater wealth
C)less wealth
D)less current income

Name: At the household level, higher saving rates lead to ________ and greater economic security. A)greater current consumption B)greater wealth C)less wealth D)less current income
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Question

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Higher saving rates lead to greater wealth, as savings is the flow value that increases the stock value of wealth.

At the Household Level, Higher Saving Rates Lead to ________