Of course, in any individual open economy, it is possible to have spending less than income.
Although we often talk about a 54.5 mpg-equivalent average for the industry, individual fuel economy and emissions requirements actually vary based on the size of a vehicle.
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Being the individual cells of an economy, firms are easier to put under the microscope.
Back when international trade was a much smaller portion of the global economy, individual economies were much less interdependent.
And so, what small business is all about, is where the individual can help our economy because we need to create jobs.
It is fashionable to disdain government today, dismissing it as a maze of misanthropic bureaucracy responsible for undermining the marketplace and stripping much-needed dollars from individual citizens and the economy.
In fact, the driverless car has broad implications for society, for the economy and for individual businesses.
Premium economy also offers individual travellers a way to pay slightly more to escape the stress and discomfort of standard coach.
Last year, each economy submitted "individual action plans" mapping out how they would meet APEC targets to achieve free trade by 2010 for developed economies and 2020 for developing ones.
The leaders agreed to derive policies to enable the people of urban, provincial and rural communities in every APEC economy to have individual or community-based access to information and services offered via the Internet by 2010.
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One of them is the establishment of individual liberties so that a free economy can function.
Her championing of free-market economics and individual choice transformed Britain's economy.
The complexity that arises from the combination of these activities is reason enough to limit each institution's size, to ensure that an individual failure would not disrupt the economy.
Instead, it found itself involved after the administrator brought in to sort out the problems concluded he needed to look at the wider local health economy rather than one individual trust.
As some confidence surrounding the economy and prospects of individual firms as begun to build, companies have found it easier to issue debt at low interest rates as demand for their bonds has been strong.
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In addition to the downward pressure on stock prices, individual investors are also worried about the economy, the size of the federal deficit, and the longer-term threat of higher inflation and interest rates.
These real world results mock the conventional wisdom that given the power to spend, borrow, tax and print money, elite public servants can manage the economy and protect the average individual against the vicissitudes of life.
It is not only good for the individual, it is also critical for our economy.
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Nonetheless, many individual investors continue to have concerns about the economy, interest rates and the federal deficit.
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The recent return of volatility to the market combined with conflicting signals about the U.S. and the global economy are having an impact on individual investor sentiment.
Can an economy that spends more on the individual than they earn, which takes almost all GDP for its purposes, really be considered a capitalist system at all?
In his new book, Gridlock Economy, Columbia University Law School Professor Michael Heller paints a scary picture in which property rights--copyrights, patents or individual parcels of land--strangle the economy and stifle innovation.
Specifically, he has studiously ignored the danger posed to our economy and security, and to individual investors' portfolios, by companies trading in the U.S. capital markets who have corporate operations in terrorist-sponsoring states.
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But that old-fashioned construct is changing rapidly as technology becomes more deeply infused in every facet of business operations and almost every facet of our individual lives, and as a challenging global economy forces companies to wring new revenue out of new ideas.
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The 21.3-point spread between bullish and bearish sentiment suggests that optimism remains below levels that would be considered excessive, however. (The bull-bear spread has topped 40 points nearly 70 times since 1987.) This suggests that though many individual investors are hopeful, concerns about the economy, interest rates and the federal deficit have not faded into the background.
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An intelligent individual who takes no orders, protects his local economy and is man enough to drive the message home.
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"Where we need to get to, to grow the economy, is the bit in between individual poor entrepreneurs and larger businesses, which are small and medium-term enterprises, and that's what needs to be supported, " he argues.
In the economy, as in matters of opinion, individual freedom must also prevail.
It's going to hurt individual people, and it's going to hurt the economy overall.
Because the action is measurable it carries more weight then individual members simply expressing their opinions about the state of the economy.
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