On the same figure, graph national saving and investment as fractions of real GDP, using quarterly U.S.
Question:
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?
Step by Step Answer:
Related Book For
Macroeconomics
ISBN: 9780134167398
9th Edition
Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore
Question Posted: