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image (r (:arrow_up: (Saver (Income (s -), Substitution (s +)), Borrower…
r
:arrow_up:
Saver
Income
s -
Substitution
s +
Borrower
Income
s +
Substitution
s +
National
Cd -
Sd +
FC(1+r)
Consumption :star:
CSM
Determinants
Current Y
Individual
S+
C+
Reason
MPS
MPC
National
Cd +
Sd +
Wealth
Individual
C +
S -
National
Cd +
Sd -
Future Y
Individual
S -
C +
National
Sd -
Cd +
Sd&Cd
Equation
GDP-Cd-G :red_flag:
Sd
Y-Cd-G :red_flag:
G
Y
Cd
Current Y
Scenarios
Consumer
0 Saving
Borrower
Overconsume
Savings :!:
Saver
Current
Consume -
Save +
Future
Consume +
Desired vs. Current
Desired = National
Current&Future = Individual
