In a closed economy, national savings equal the sum of private savings and public savings.![[소액결제현금화] 복잡함은 빼고 단순한 절차만 남긴 진행 방법 #소액결제현금화](https://i.ytimg.com/vi/fWdS7PkQqHs/hq720.jpg)
This means that national savings can be represented by the equation: National Savings = Private Savings + Public Savings. Since there is no foreign trade, all income generated within the economy is either consumed or saved domestically. Therefore, national savings is also equal to investment in a closed economy, 소액결제 현금화 as savings must finance investment.