Question: Define national saving, relating your definition to the general concept of saving. Why does the standard U.S. definition of national saving potentially understate the true

Define national saving, relating your definition to the general concept of saving. Why does the standard U.S. definition of national saving potentially understate the true amount of saving being done in the economy?

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National saving is defined as Y C G where Y is real output GDP C is consumption spending and G is go... View full answer

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