As discussed in section 3, the large deficits and debt under this simulation imply a substantial reduction in national saving and investment in the capital stock leading to a decline in living standards-in terms of GDP per capita.
The large deficits and debt under this simulation imply a substantial reduction in national saving.
The large deficits and debt under this simulation imply a substantial increase in national saving.
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A snowboarder has crashed while performing a trick.
THe Queen refuses to attend.
Photographs come from cameras.
We're gonna have to start all over again.
The Duke of Wellington is dressed plainly in his statue.