<prompt> Translate the following text to EnglishKatika ripoti hii, tulionyesha athari za viwango tofauti vya akiba kwenye kiwango cha maisha cha taifa kwa kutumia mfano wa kawaida wa ukuaji wa kiuchumi uliotengenezwa na wachumi wa Benki ya Hifadhi ya Shirikisho ya New York.  <response>: In this report, we simulated the effect of different saving rates on the nations standard of living using a standard model of economic growth originally developed by economists at the Federal Reserve Bank of New York. 