Graph South Africas national saving and investment as fractions of GDP from 2004 to the present. (Note

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Graph South Africa’s national saving and investment as fractions of GDP from 2004 to the present. (Note that national saving is called gross saving and gross investment is called capital formation in the FRED database.) Comment on the behavior of these variables. Explain how investment can exceed national saving.

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Macroeconomics

ISBN: 9780137876037

11th Edition

Authors: Andrew B Abel

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