The table below shows aggregate values for a hypothetical economy Real GDP is equal to potential GDP Figures are billions of dollars a What is the level of private saving b What is the level of public saving c What is the level of national saving d Is the interest rate at its equilibrium level How ...

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The table below shows aggregate values for a hypothetical economy. Real GDP is equal to potential GDP.

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The table below shows aggregate values for a hypothetical economy. Real GDP is equal to potential GDP. Figures are billions of dollars.

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a. What is the level of private saving?

b. What is the level of public saving?

c. What is the level of national saving?

d. Is the interest rate at its equilibrium level? How do you know?

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Macroeconomics

ISBN: 9780133910445

15th Edition

Authors: Christopher T S Ragan

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Question Posted: Mar 14, 2024 12:00 PM

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The table below shows aggregate values for a hypothetical economy. Real GDP is equal to potential GDP.

Question:

Potential GDP 950 Net tax revenue 125 Government purchases 140 Desired investment 10 Desired consumption 800

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Macroeconomics

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