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Social Studies, 02.09.2019 06:00 blackops7777

Neha: i think it’s safe to say that, in general, the savings rate of households in today’s economy is much lower than it really needs to be to sustain the improvement of living standards.
lorenzo: i think a switch from the income tax to a consumption tax would bring growth in living standards.
neha: you really think households would change their saving behaviour enough in response to this to make a difference? because i don’t.

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Neha: i think it’s safe to say that, in general, the savings rate of households in today’s economy...
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