National Savings Calculator
National Savings Calculator
Component | Description |
---|---|
Private Savings | Total savings by households and businesses. |
Public Savings | Total savings by the government, calculated as government revenue minus government spending. |
National Savings | The sum of private savings and public savings. |
Formula | National Savings = Private Savings + Public Savings |
Purpose | Used to measure the total savings in an economy, which is important for investment and economic growth. |