Suppose GDP in this country is $680 million. Enter the amount for investment. National Income Account Value
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Question:
Suppose GDP in this country is $680 million. Enter the amount for investment.
National Income Account | Value |
---|---|
(Millions of dollars) | |
Government Purchases (GG) | 200 |
Taxes minus Transfer Payments (TT) | 180 |
Consumption (CC) | 300 |
Investment (II) |
Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table.
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