economics

posted by .

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

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. ECON-one was wrong?

    My prof says only a was right at 100 billion, but b, c, and d were wrong?
  2. econ, help???

    Economyst, My prof says only a was right at 100 billion, but b, c, and d were wrong?
  3. ECON, HELP?!?

    Economyst, My prof says only a was right at 100 billion, but b, c, and d were wrong?
  4. Economics

    (Value in billions of dollars) Consumption = 140 Business fixed and residential investment = 27 Inventory stock at the end of 2003 = 10 Inventory stock at the end of 2004 = 5 Depreciation = 12 Government outlays = 80 Government purchases …
  5. economices

    suppose the government borrows $20 billion more next year. what will happen to the investment ?
  6. math

    Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then the following function measures the economy's savings corresponding to an income of x billion dollars. …
  7. Math

    Suppose C(x) measures an economy's personal consumption expenditure and x the personal income, both in billions of dollars. Then the following function measures the economy's savings corresponding to an income of x billion dollars. …
  8. Macroeconomics

    Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving and investment.
  9. Macroeconomics

    I've been reading my textbook, watching Khan Academy, and Googling to no avail. Can someone please help me with the following questions?
  10. Macroeconimcs

    2. Suppose the national debt is $80 trillion and the government spends $800 billion during the fiscal year on goods and services. In addition, the government collects tax revenues of $600 billion and makes transfer payments equal to …

More Similar Questions