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Suppose that the government deficit is 25, interest on the government debt is 20, taxes are 70, government expenditures are 45, consumption expenditures are 75,
Suppose that the government deficit
is 25, interest on the government debt is 20, taxes are 70, government expenditures
are 45, consumption
expenditures are 75, net factor payments are 10, the current account surplus
is 20, and national saving
is 60. Calculate the following(not necessarily in the ordergiven):
a. Private disposable income
=
b. Transfers
from the government to the private sector=
c. Gross national product
=
d. Gross domestic product
=
e. The government surplus
=
f. Net exports
=
g. Investment
expenditures
=
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