In each part that follows, use the economic data given to nd national saving, private saving, public saving and the national saving rate. (a) Household
In each part that follows, use the economic data given to nd national saving, private saving, public saving and the national saving rate. (a) Household saving = 200 Business saving = $400 Government purchases of goods and services = 100 Government transfers and interest payments : 100 Tax collections = 150 GDP = 2200 (b) Consumption expenditures : 4000 Investment = 1000 Government purchases = 1000 Net exports = 0 Tax collections : 1500 Government transfers and interest payments = 500
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