In economics, a country's national savings is the sum of private and public savings. It is generally equal to a nation's income minus consumption and government purchases.
Read more about National Savings: Economic Model of National Savings
Famous quotes containing the word national:
“It is no part of the functions of the National Government to find employment for the people, and if we were to appropriate a hundred millions for his purpose, we should only be taxing 40 millions of people to keep a few thousand employed.”
—James A. Garfield (1831–1881)