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.

level saving reduce aggregate activity temporarily sustained level saving makes possible sustained level business investment contributes growth output

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Carlos Fuentes Morning

I am a morning writer I am writing at eight-thirty in longhand and I keep at it until twelve-thirty when I go for a swim. Then I come back have lunch and read in the afternoon until I take my walk for the next day's writing.

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