What is meant by planned saving and planned investment, International Economics

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What is meant by planned saving and planned investment

Problem

Explain what is meant by planned saving and planned investment. What happens to aggregate income when planned saving is equal to planned investment? Can planned saving ever exceed planned investment? Explain. For a purely private economy, can actual saving ever exceed actual investment? Why or why not?

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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