Chapter 8: Measures of Economic Activity
Chapter 8: Measures of Economic Activity
Chapter 8: Measures of Economic Activity
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The Saving-Investment<br />
Process<br />
• Investment is not possible without<br />
savings<br />
• Savings can come from 3 sources:<br />
1. Personal Savings (households)<br />
2. Business Savings (retained earnings)<br />
3. Foreign Savings