Essentially, what the precautionary-saving literature says is that more uncertainty reduces the average propensity to consume (APC), the ratio of consumption to income.

从本质上讲，预防性储蓄理论说的是，更多的不确定性会降低平均消费倾向(APC)，即比消费与收入的比率。

youdao

An unsatisfying implication of the literature on the saving glut is that it paints America as a tragic victim of forces beyond its control (though some of the authors insist this is not their belief).

在这项有关储蓄过剩的理论中，有一个恼人的寓意：它将美国描绘成一名不能控制那些施加在其身上的力量的牺牲者(虽然有研究人士坚称这不是他们的见解)。

youdao

The literature people to fight against Japanese and its achievements lie in saving the nation through literature.

抗战文学以宣扬抗战为旗帜，其成就在于以文学救亡图存。

youdao

An unsatisfying implication of the literature on the saving glut is that it paints America as a tragic victim of forces beyond its control (though some of the authors insist this is not their belief).

ECONOMIST: Global economic imbalances