In each part that follows, use the economic data given to find national saving, private saving, public

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In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving rate. LO2

a. Household saving 200 Business saving 400 Government purchases of goods and services 100 Government transfers and interest payments 100 Tax collections 150 GDP 2,200

b. GDP 6,000 Tax collections 1,200 Government transfers and interest payments 400 Consumption expenditures 4,500 Government budget surplus 100

c. Consumption expenditures 4,000 Investment 1,000 Government purchases 1,000 Net exports 0 Tax collections 1,500 Government transfers and interest payments 500

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Principles Of Macroeconomics

ISBN: 9780077331542

4th Edition

Authors: Robert Frank, Ben Bernanke

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