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For an open economy, the equation Y = C + I + G + NX is an identity. If we define national saving, S, as the total income in the economy that is left after paying for consumption and government purchases, then for an open economy, it is true that
Childhood Development
The physical, cognitive, social, and emotional growth that occurs from birth through late adolescence.
Peer Influences
The effect that the social group individuals belong to has on their behavior, attitudes, and values.
Adolescent Crowd
A large, loosely-organized group of teenagers who share similar interests and social status.
Adolescent Clique
A small, exclusive group of teenagers or young people who share interests, views, or status.
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