Why is the growth of consumer spending considered a, Business Economics

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Why is the growth of consumer spending considered a

1 .Why is the growth of consumer spending considered a positive factor for expansion of GDP even when personal saving is falling to a negative level?

2. Are the long term and short term effects of a negative personal saving rate both favorable to economic growth?

3. How would you graphically illustrate the short term and long term effects?

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Business Economics: Why is the growth of consumer spending considered a

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