A rise in the level of saving can reduce aggregate...
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A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
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Frequently Asked Questions (FAQ)
Who said "A rise in the level of saving can reduce aggregate... "?
"A rise in the level of saving can reduce aggregate... " is one of a famous quotes by Martin Feldstein. Complete quote is as follows;
"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."
What is "A rise in the level of saving can reduce aggregate... "?
"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output." This is a quote by Martin Feldstein which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;
- Men of age object too much, consult too long, adventure too little, repent too soon, and seldom drive business home to the full period, but content themselves with a mediocrity of success.
What does "A rise in the level of saving can reduce aggregate... " mean?
This quote is primarily about business although it also includes other themes like . It is attributed to Martin Feldstein. Complete quote is as follows;
"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."