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Why is the National Assembly more powerful than the Senate?
National Saving
The total amount of savings in a country, calculated as the sum of private savings by households and businesses, plus public savings by the government, minus any foreign borrowing.
Open-Economy Macroeconomic
A branch of macroeconomics that studies economies in which international trade and financial transactions play a significant role.
Loanable Funds
The funds available for borrowing in the financial markets, involving the lending and borrowing between savers and borrowers, which determines the equilibrium interest rate.
Domestic Investment
The total amount of resources invested in the production of goods and services within a country’s borders.
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