Question
Consider an economy in which GDP is $8.2 trillion, public saving is -$0.2 trillion (yes, it is a negative number), taxes are $0.8 trillion, private
Consider an economy in which GDP is $8.2 trillion, public saving is
-$0.2 trillion (yes, it is a negative number), taxes are $0.8 trillion, private saving is $3.0 trillion, export is $0.4 trillion, and import is $0.5 trillion. Calculate consumption, government purchases, national saving, and investment.
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Microeconomics Principles, Problems, And Policies
Authors: Campbell McConnell
21st Edition
1259915727, 9781259915727
