National savings is equal to the sum of private savings and public savings. To make our notation
Question:
S = V + U.
If private savings 'V' = 0.75S and total savings 'S' equals $4.20 billion, solve for public and private savings.
Public savings: $
Private savings: $
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S 420 billion V 075 S 075 420 b...View the full answer
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