Obtain a recent copy of the Survey of Current Business, published by the Bureau of Economic Analysis,

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Obtain a recent copy of the Survey of Current Business, published by the Bureau of Economic Analysis, in the library or online at www.bea.gov. In the national data portion of the Survey, find nominal data on GDP, consumption, government purchases of goods and services, total government expenditures, and total government receipts for the most recent complete year available (see Tables 1.1 and 3.1). Calculate national saving, private saving, public saving, and the national saving rate. How does the government’s contribution to national saving in the most recent period compare to the data shown in Figure 8.3? LO2

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Principles Of Macroeconomics

ISBN: 9780077331542

4th Edition

Authors: Robert Frank, Ben Bernanke

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