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NISA [10]
3 years ago
15

National saving is made up of two components: public saving and private saving. National income/output (Y), private consumption

(C), government spending (G), and government taxes (T) can be used to calculate national saving (S). Move the appropriate phrases to complete the equation for the national saving identity. Assume a closed economy.
Business
1 answer:
inessss [21]3 years ago
3 0

Answer:

S-private =(Y-T) - C....(1)

S-public = (T-G)....(2)

Therefore:

S = (Y-T) - C + T- G....(3)

Note: Y= C + I + G

Substitute the Y into equation (3)

That is,

S = (C + I + G -T) - C + T- G

Cancel ❌ out C for C, G for G, T for T so we are left with the identity national savings

S = I

Investment = Private Savings + Public Saving

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Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.

An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.

Learn more about credits  here

brainly.com/question/13375913

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2 years ago
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