2. Graph South Africas national saving and investment as fractions of GDP from 2004 to the present....

Question:

2. Graph South Africa’s national saving and investment as fractions of GDP from 2004 to the present. (Note that national saving is called gross saving, and gross investment is called capital formation in the FRED database.)

Comment on the behavior of these variables.

Explain how investment can exceed national saving.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics Global Edition

ISBN: 978-1292318615

10th Edition

Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore

Question Posted: