Question
a. Show the national income identity equation for a closed economy. b. Use the expression in a to show the equality between national saving and
a. Show the national income identity equation for a closed economy.
b. Use the expression in a to show the equality between national saving and investment.What is the representation of private saving and what is the representation of public saving?
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
