Equation
Y = C + I + G + NX - Accounting Identity for GDP
Y - C - G = I + NX
S = I + NX
NX = NCO therefore
S = I + NCO
Read more about this topic: Net Capital Outflow
Famous quotes containing the word equation:
“Jail sentences have many functions, but one is surely to send a message about what our society abhors and what it values. This week, the equation was twofold: female infidelity twice as bad as male abuse, the life of a woman half as valuable as that of a man. The killing of the woman taken in adultery has a long history and survives today in many cultures. One of those is our own.”
—Anna Quindlen (b. 1952)
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