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The following table is taken from the National Income and Product Account Tables. It showsvarious components of U.S. GDP from 2012 and 2013 in billions

The following table is taken from the National Income and Product Account Tables. It showsvarious components of U.S. GDP from 2012 and 2013 in billions of dollars.

Fill in the missing figures in the table.

GDP Private Consumption Government Public Savings Net Taxes

Purchases (budget balance) (T-TR)

(C) (G)

2012: $16,163.2 $11,083.1 $2,549.7 -$1,311.7 $___________

2013: $16,768.1 $11,484.3 $2,547.6 $_______ $1,673.3

C. What is the private savings for 2012? $__________billion

D. What is the national savings for 2012? $__________billion

E. What is the private savings for 2013? $______________billion

F. What is the national savings for 2013? $__________billion

Fill in the blanks.

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