yes it does:
National Saving or Saving is equal to:
Y - C - G = I = S
or
S = (Y-T-C) + (T-G)
where "T" = taxes net of transfers
Government deficit reduces public savings (=saving of the government). Yet, the government can decide to finance the deficit by private savings (bonds, credit, etc). In this case, a part of national savings can be used to finance the gov. budget deficit. But this is not by definition, it is the action of the govenment.
0.7 Billion
You can calculate aggregate saving by using the power of compounding. The earlier you start saving, the faster you can aggregate or compound your existing savings in the bank.
from herri: Krugman and Obstfelt: (Values are for year 2006 for USA; adopted from Papadimitriou) If SP = Y - T - C is negative (private savings) -3 % And SG = T - G is also negative (government savings) -2.4 % Than S = SP + SG will be negative as well (total savings) -5.4 % Current Account Balance -5.4 % Where Y is aggregate income, T is taxes, C stand for consumtion or private spending and G for government spending.
Savings must equal investment because by definition loans (investment that the banks make are taken from savings (bank accounts) from people.
Government deficit reduces public savings (=saving of the government). Yet, the government can decide to finance the deficit by private savings (bonds, credit, etc). In this case, a part of national savings can be used to finance the gov. budget deficit. But this is not by definition, it is the action of the govenment.
0.7 Billion
what is public savings what is public savings
Only on Thursdays in months with Rs in them.
A national savings certificate is a type of savings bond. They are used in India as a way of saving small amounts of money, as well as for investment purposes.
To help families prepare for the future, the United States Congress has declared the month of September National College Savings Month. Forty states will join together to raise public awareness and to promote the idea that it is never too early to start saving for your child's education.
The current savings accounts rates for National City Bank depend on how long you commit to the account. A 60 month saving account can yield as high as 1.8%.
Savings account are aimed towards mobilising small savings from general public. There are certain restrictions regarding the number of withdrawals and the amount to be withdrawn in a particular time period.
GDS = corporate saving + Government saving + Household saving
A National Savings Certificate can be obtained from a post office. In its early days there was just 1 type of 'NSC' but now there are 2 versions available.
Saving Private Tootsie was created in 2002.
"Saving Private Ryan" released in 1998, before "Band of Brothers".