曼昆宏观经济学第二十五章课件.pptVIP

The Meaning of Saving and Investment Surplus and Deficit If T G, the government runs a budget surplus because it receives more money than it spends. The surplus of T - G represents public saving. If G T, the government runs a budget deficit because it spends more money than it receives in tax revenue. The Meaning of Saving and Investment For the economy as a whole, saving must be equal to investment. S = I Question: Is this statement true for every individual household or firm? Figure 1 Growth and Investment Copyright?2003 Southwestern/Thomson Learning ( a