Posted by BETTIE on .
Using the saving and investment identities from the national Income Accounts to answer the following questions. Suppose the following values are from the national income accounts of a country with a closed economy. Y=$900 billion T= $200billion C=$500 billion G=$230 billion. a)What is the value of private saving and what is the value of public saving? b) What is the value of investment? c) Explain the impact of the government's budget on economic growth. d) What is the value of aggregate demand in such and economy. Graphically illistrate where the equilibrium level of output is use a graph