Demographic blip-the baby-boomer generation

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The United States, during the 1980s, found its rate of personal saving to be particularly low. It also, during that time, had a demographic blip-the baby-boomer generation, then in its late 20s to early 30s.

a. Does the life-cycle hypothesis suggest a reason that these two facts might be connected?

b. What does this hypothesis suggest we should see as this generation ages?

Reference no: EM131136459

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