2. On the same figure, graph national saving and investment as fractions of real GDP, using quarterly
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2. On the same figure, graph national saving and investment as fractions of real GDP, using quarterly U.S. data since 1947. (Note that national saving is called gross saving in the FRED database.) How does the behavior of these variables in the past ten years compare to their behavior in earlier periods? How is it possible for investment to exceed national saving, as it does in some periods?
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Macroeconomics Value Edition
ISBN: 978-0136114895
7th Edition
Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore
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