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Consider the following data for a closed economy: Y=$14trillionC=$8trillionG=$3trillionSpublic=$0.5trillionT=$3trillion Use the data to calculate the following: (Enter your responses rounded to one decimal place.) Use

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Consider the following data for a closed economy: Y=$14trillionC=$8trillionG=$3trillionSpublic=$0.5trillionT=$3trillion Use the data to calculate the following: (Enter your responses rounded to one decimal place.) Use the data to calculate the following: (Enter your responses rounded to one decimal place.) a. Private saving is: $ trillion. b. Investment spending is: $ trillion. c. Transfer payments are: $ trillion. d. The government budget balance is: $0 trillion and as a result the government budget is in

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