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What factors accounted for the divergence

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Question: During the 1990s, the age cohort that grew the most rapidly was the 45-54 cohort, which has the highest saving rate. Yet during that same period, the personal saving rate as reported by the BEA declined sharply. What factors accounted for this divergence? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131737292

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