Consider the following data referring to any economy that has no foreign relations: GDPmp = 6000 Disposable Income of the private sector (DI s.priv.)= 5100 Budget Deficit = 200 Private consumption = 100 Calculate the amount of: a) Public spending. b) Private savings (Spriv). c) Investment.

Consider the following data referring to any economy that has no foreign relations: GDPmp = 6000 Disposable Income of the private sector (DI s.priv.)= 5100 Budget Deficit = 200 Private consumption = 100 Calculate the amount of: a) Public spending. b) Private savings (Spriv). c) Investment.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 1SQ

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Calculate the amount of:
a) Public spending.
b) Private savings (Spriv).
c) Investment.

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