Some studies have found that saving is not very sensitive to the rate of return on saving.

Name: Some studies have found that saving is not very sensitive to the rate of return on saving.
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Question

Quizplus · Accepted Answer

Several studies have shown that the sensitivity of saving to the rate of return is relatively low. This is because factors such as habits, precautionary motives, and liquidity constraints often play a more significant role in individuals' saving decisions than the rate of return.

Some Studies Have Found That Saving Is Not Very Sensitive