Assertion: public deficit | /r/HasProperty | spending
Facets:
Source sentences:
text: The sectoral balances equation says that total private saving (S) minus private investment (I) has to equal the public deficit (spending, G, minus net taxes, T) plus net exports (exports (X) minus imports (M)), where net exports is the net spending of non-residents on this country's production.
text: The sectoral balances equation (5) says that total private savings ( S {\displaystyle S} ) minus private investment ( I {\displaystyle I} ) has to equal the public deficit (spending, G {\displaystyle G} minus taxes, T {\displaystyle T} ) plus net exports (exports ( X {\displaystyle X} ) minus imports ( M {\displaystyle M} )), where net exports represent the net savings of non-residents.
text: Another way of saying this is that total private savings ( S {\displaystyle S} ) is equal to private investment ( I {\displaystyle I} ) plus the public deficit (spending, G {\displaystyle G} minus taxes, T {\displaystyle T} ) plus net exports (exports ( X {\displaystyle X} )