The following data give a complete picture of the household, business, and government sectors for 2011 in the small nation of Sylvania. (All dollar figures are in billions.)
Consumption spending.............................................................. $ 50
Capital stock (end of 2010)............................................................... $100
Capital stock (end of 2011)...................................................... $103
Change in inventories........................................................................ $ 0
Government welfare payments...................................................... $ 5
Government unemployment
insurance payments........................................................................ $ 2
Government payroll........................................................................ $ 3
Government outlays for materials................................................... $ 2
Depreciation.......................................................................................... $ 7
Interest rate.......................................................................................... 6%
Assuming the government budget for 2011 was in balance, (G = T), calculate each of the following (in order):
a. Government purchases
b. Net taxes
c. Total planned investment
d. Real GDP
e. Total saving
f. Total leakages
g. Total injections