Please complete all parts of DFS technical question 4, Chapter 2, reproduced here. Assume GDP is $6,000, personal disposable income is $5,100 and the government budget deficit is $200. Consumption is $3,800, and the trade deficit is $100. a)How large is savings? b)How large is investment? c)How large is government spending?

Please complete all parts of DFS technical question 4, Chapter 2, reproduced here. Assume GDP is $6,000, personal disposable income is $5,100 and the government budget deficit is $200. Consumption is $3,800, and the trade deficit is $100. a)How large is savings? b)How large is investment? c)How large is government spending?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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