“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Cool Mickey Mouse Atlanta Falcons Hawaiian Shirt Gift For Beach Vacation, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on
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First ask your parents if they need any help with anything (chores, dishes, running errands, etc.). Then make sure your room and bathroom are tidy and that none of your belongings are scattered around the house. Now, take a bath if you do that at night, get dressed for bed and brush your teeth and get out the Bible andread the Christmas story. (My favorite one is the first 2 chapters of Luke in the New Testament). This would be awesome to do with your family. Now say a prayer with your family, give each person a hug and go to bed. Now it gets harder! Close your eyes and try to remem ber everything you can about the Christmas story in the Bible and about Christmases in the past. Remember gifts you gave, food you ate, carols you sang, everything you can remember. If you are still awake, say your own silent prayer and ask God to help you relax and fall asleep. Then lay perfectly still on your back. Make sure you are comfortable and that the lights are off in your room.
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