Explain how higher saving leads to a higher standard of living. What might deter(discourage) a policymaker from trying to raise the rate of saving?

 

just need an answer to the question stated below. (400 words)

“Explain how higher saving leads to a higher standard of living. What might deter(discourage) a policymaker from trying to raise the rate of saving?

“Get 15% discount on your first 3 orders with us”
Use the following coupon
FIRST15

Order Now