1. Assume that the gross domestic product is $6,000, personal disposal income is $5,100, the government deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the size of: a. Private Saving b. Investment c. Government Spending d. National Savings e. Taxes f. Public savings

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Savings,investment And The Financial System
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1. Assume that the gross domestic product is $6,000, personal disposal income is $5,100, the
government deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the size
of:
a. Private Saving
b. Investment
c. Government Spending
d. National Savings
e. Taxes
f. Public savings
Transcribed Image Text:1. Assume that the gross domestic product is $6,000, personal disposal income is $5,100, the government deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the size of: a. Private Saving b. Investment c. Government Spending d. National Savings e. Taxes f. Public savings
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