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Greater saving is associated with O Higher interest rates. O Lower interest rates. There is no association between saving and

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Answer #1

Rate of interest is the money you earn on your savings being deposited in bank or lent to any other person. Savings and rate of interest have a positive relationship with each other. As higher rate of interest makes your savings more worthy in a specific time period for which money is saved. People tends to save more of the money at higher rate of interest making option A correct.

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