Question
In a country, private savings equals 100, the government spending equals 1000, the tax revenue equals 800, the export equals 200 and import equals 400.
In a country, private savings equals 100, the government spending equals 1000, the tax revenue equals 800, the export equals 200 and import equals 400. What is the level of private investment in this economy?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
