Suppose GDP in this country is $660 million. Enter the amount for government purchases.National Income AccountGovernment Purchases (G)Taxes minus Transfer Payments (T)Consumption (C)Investment (I)Private Saving =Complete the following table by using national income accounting identities to calculate national saving. Inpreceding table.National Saving (S)= $Public Saving =$= $Value(Millions of dollars)Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data fromthe initial table.millionmillionmillion195300210calculations, use data from theBased on your calculations, the government is running a budget

Gross Domestic Product (GDP) refers to the total value of goods and services produced within a…

Suppose GDP in this country is $660 million. Enter the amount for government purchases. National Income Account Government Purchases (G) Taxes minus Transfer Payments (T) Consumption (C) Investment (I) Value (Millions of dollars) 195 300 210 Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving (S)