Solved: Describe the two components of national saving, Macroeconomics

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Describe the two components of national saving

Problem

1. Describe the two components of national saving and explain how saving affects national wealth.

2. What determines the desired amounts of national saving and investment? What relation between desired saving and desired investment is required for goods market equilibrium and how is this condition reached?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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