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Suppose GDP equals $10,000 billion, consumption equals $6,500 biliion. the government spends $2.000 billion and has taxes equal to $1.700 billion. Find each of the
Suppose GDP equals $10,000 billion, consumption equals $6,500 biliion. the government spends $2.000 billion and has taxes equal to $1.700 billion. Find each of the following assuming this is a ciosed economy. -300 billion 1,800 1,500 1. public saving: I 2. private saving: $ billion 3. nalional saving: 5 billion 4. investment: $ 1,500 billion A The government has a budget budget decit : as T6 is
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