Pokemon savings investment spending 1
My card
Pokemon Passport
Creation Date : 30 November 2015
Name : savings-investment spending identity
Type : Colorless
Attack 1 : Definition
No matter what, savings and investment are always equal for the economy as a whole. If I say there is no government nor interaction with other countries in a country, the country’s income would equal to total spending in the economy as the only way people can earn money would be by selling some products to someone else.
Attack 2 : Sentence
As interest rate falls, more people will start to go to bank and try to borrow money.
Illustrator : AP ECON
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