1.

Distinguish between intended supply and actual supply.

Answer»
Intended SavingActual 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.


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