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As a rule, saving is good. It helps individuals afford big-ticket items(a house, college tuition, etc.),protect against emergencies and prepare for retirement. For societies, it provides funds for investments in new factories, technologies and businesses. In economics textbooks, a country’s savings usually stay with in its borders. Also, savings automatically balance with new investment, mainly through interest rates and stock prices. If, for example, people want to save more than businesses want to invest, interest rates should drop.That should encourage investment and discourage saving.

发布日期:2022-06-02

As a rule, saving is good. It helps individuals af...

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全国大学生英语竞赛(NECCS)

系列之一:A类

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