Anzeige
Erschienen in:
2014 | OriginalPaper | Buchkapitel
Net Private Savings in Relation to the Government’s Financial Balance
verfasst von : Kazimierz Łaski, Leon Podkaminer
Erschienen in: Economic Crisis and Political Economy
Verlag: Palgrave Macmillan UK
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Looking at a national economy from both the income and expenditure sides, we get the following identity: where YD denotes the disposable income of the private sector, T. is the disposable income of the government (all taxes net of all monetary transfers to the private sector) and M is the income of the rest of the world (RoW) from imports of the national economy in question (the left-hand side of (7.1)). On the right-hand side of (7.1) we have private sector expenditures on consumption (CP) and that sector’s gross invest- ment (IP), government expenditure on goods and services (G), and RoW expenditure on the national economy’s exports (X). By simple rear- rangement, we get