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Figure 16.12
Using the figure above, identify the labeled structure(s) in each of the following questions.
-Identify the structure indicated by Label H.
National Saving
The total savings of a nation, calculated as the sum of private and public saving, representing the part of national income not consumed or spent by the government.
Foreign Assets
Financial assets or investments that are located in a country other than the investor's home country.
Open Economy
An economy that engages in international exchange of goods, services, and capital.
National Saving
The total amount saved by the government, households, and the business sector in an economy.
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