Distinguish between intended supply and actual supply.
Answer»
Intended Saving
Actual Saving
(a) The saving which is intended (planned) to be made by all the household in an economy during a period or at the beginning of the period is called intended (planned ) saving.
(a) It is the actual amount of saving that took place measured after the fact.
(b) It is also called ex-ante saving.
(b) It is also called ex-post saving.
(c) The amount of intended (planned) saving is given by saving function.
(c) Realised saving of a period (say, a year) is called actual saving.