economy that remains after
S I.
paying for consumption and
government purchases
This equation states that saving equals investment.
To understand the meaning of national saving,
p90x workout youtube, it is helpful to manipulate the
definition a bit more. Let T denote the amount that the government collects from
households in taxes minus the amount it pays back to households in the form of
transfer payments (such as Social Security and welfare). We can then write na-
tional saving in either of two ways:
S Y C G
or