Chapter 10: Saving and Resource Mobilization
Chapter Learning Objectives
After reading the chapter, you ought to understand and be able to explain:
- The empirical record of saving and investment in developing countries.
- The relationship among tax revenues, public sector consumption expenditure, and government saving.
- The observed patterns of household saving behavior and the theories of household saving.
- The relative importance of foreign private saving.
- The relationship between growth and savings
- The different impacts of corporate saving, government saving, and foreign saving
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NOTE TO INSTRUCTORS: the answers to the Exercises are found on the Norton Resource Library, not the Gradebook. To access that go to www.wwnorton.com/nrl.