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Unformatted text preview: • S + T + M = I + G + X • I = S + ( T – G ) – ( X – M ) • Private Saving (S) + Public Saving (T – G) = National Saving • 4.4% is our unemployment rate • Bubble Economy – Speculative buying that results in higher stock prices...
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This note was uploaded on 03/08/2009 for the course ECON 20091_ECO taught by Professor Mohammadsafarzadeh during the Spring '09 term at USC.
- Spring '09