Hotter, faster rotating tires will also transfer that heat to the bearings and the axel, two other areas of concern. I just came back from my annual spring fishing trip to Minnesota and I gotta say that every year I get a little bit more nervous as I trailer my boat 600 miles in each direction. The reason is simple: people drive way too fast nowadays without pulling some sort of trailer behind them.
Y = C + I + G + NX where Y is total income. 5.4. National saving (S) in a closed economy is equal to total income (Y) minus consumption by households (C) and government purchases (G). S = Y - C - G Adding and subtracting a value equal to government taxes (T) on the right side leaves the equation unchanged. Rearranging terms yields S = (Y - T - C) + (T - G) What does (Y - T - C) represent in the equation? A. Government saving B. Private saving C. Investment D. Government purchases
In particular, the second equation separates national saving into two pieces: private saving (Y T C) and public saving (T G). Consider each of these two pieces: Private saving is the amount of income that households have left after paying their taxes and paying for their consumption. closed economy is an economy that does not interact with other economies. Y = C + I + G That was exactly what you stated In particular, a closed economy does not engage in international trade in goods and services, nor does it engage in international borrowing and lending.