MACROECONOMIC IDENTITIES
Abstract
This article is dedicated to studying one of the key tools of macroeconomic analysis — macroeconomic identities. It examines the main relationships between gross domestic product, consumption, investment, savings, the government budget, and foreign trade. The economic significance of these identities, their role in both closed and open economies, and their practical application in evaluating and forecasting economic systems are analyzed. Special attention is given to the interactions between savings, investment, and government policy. The study can be useful for economic analysis, macroeconomic planning, and policy-making.
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