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Assume that in an economy gross domestic product is 6,000; disposable income is 5,100; government budget deficit is +200; consumption is 3,800 and trade deficit
Assume that in an economy gross domestic product is 6,000; disposable income is 5,100; government budget deficit is +200; consumption is 3,800 and trade deficit is -100 Based on national income identities, calculate a) The amount of saving b) The amount of investment [Write out the relevant equations to support your calculations]
show the calculations in details.
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