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Life Insurance: Investment in the Modern Era

Of course, there are macroeconomic factors that also impact consumption levels, such as interest rates, population growth rates and declines in state or federal pensions relative to income. Consumption economics theories are merely that, theories. Experts contend that predicting consumption level changes is difficult and speculative. For example, if interest rates rise, some argue that it would increase the rate of return for savers who might increase savings and reduce their consumption. However, if they are able to save more they may be inclined to consume more instead, since their original target for savings is not affected either way. With higher interest rates and rates of return they do not have to save as much and can still meet savings goals, ...

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Life Insurance: Investment in the Modern Era. (1969, December 31). In LotsofEssays.com. Retrieved 06:30, December 09, 2016, from http://www.collegetermpapers.com/viewpaper/1303941493.html
 
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