The impact of saving on the economy is
A) always beneficial
B) always harmful
C) beneficial in the short run,but not in the long run
D) beneficial in the long run,but not necessarily in the short run
E) neutral in both the short run and the long run

Question

Quizplus · Accepted Answer

Saving can have a positive impact on the economy in the long run as it can provide funds for investment, which can lead to economic growth and job creation. However, in the short run, too much saving can result in decreased spending and demand, leading to a slower economy. Therefore, while saving may not always have an immediate positive impact, it can be beneficial in the long term.

The Impact of Saving on the Economy Is