English, asked by dikshesh97, 6 months ago

Distinguish between 'saving' and a 'financial surplus'.

Answers

Answered by naishrahgajkandh
2

Answer:

A surplus country saves more than it invests whereas the reverse is true for a deficit country. Since saving is the difference between income and consumption, and expenditure consists of consumption and investment, it is also possible to view the current account balance as the difference between saving and investment.

Explanation:

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