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Macroeconomics 5th Edition by Olivier Blanchard
Edition 5ISBN: 978-0132159869Macroeconomics 5th Edition by Olivier Blanchard
Edition 5ISBN: 978-0132159869 Exercise 2
Saving and investment throughout the world
Retrieve the most recent World Economic Outlook (WEO) from the Web site of the International Monetary Fund (www.haorg). In the Statistical Appendix, find the table titled "Summary of Sources and Uses of World Saving," which lists saving and investment (as a percentage of GDP) around the world. Use the data for the most recent year available to answer parts (a) and (b).
a. Does world saving equal investment (You may ignore small statistical discrepancies.) Offer some intuition for your answer.
b. How does U.S. saving compare to U.S. investment How is the United States able to finance its investment (We explain this explicitly in the next chapter, but your intuition should help you figure it out now.)
Retrieve the most recent World Economic Outlook (WEO) from the Web site of the International Monetary Fund (www.haorg). In the Statistical Appendix, find the table titled "Summary of Sources and Uses of World Saving," which lists saving and investment (as a percentage of GDP) around the world. Use the data for the most recent year available to answer parts (a) and (b).
a. Does world saving equal investment (You may ignore small statistical discrepancies.) Offer some intuition for your answer.
b. How does U.S. saving compare to U.S. investment How is the United States able to finance its investment (We explain this explicitly in the next chapter, but your intuition should help you figure it out now.)
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Macroeconomics 5th Edition by Olivier Blanchard
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