Long Term Effects: Difference between revisions
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=Future Living Standards= | =Future Living Standards= | ||
*<font size=4 | *<font size=4>Depend on-</font> | ||
#<font size=3 | #<font size=3>National Saving</font> | ||
#<font size=3 | #<font size=3>Productivity</font> | ||
=National Saving= | |||
<font size=4><center>National Saving = Private Saving + Government Saving</center></font> | |||
*<font size=3>If all other parts of national saving remain unchanged, national savings will fall as the federal deficit increases.</font> | |||
Revision as of 00:29, 4 May 2006
Future Living Standards
- Depend on-
- National Saving
- Productivity
National Saving
- If all other parts of national saving remain unchanged, national savings will fall as the federal deficit increases.
