Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781305971509
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Savings,investment And The Financial System
Section: Chapter Questions
Problem 3CQQ
Related questions
Question
5.
The table below shows aggregate values for a hypothetical economy. Suppose this economy has real GDP equal to potential output.
TABLE 25-3
Refer to Table 25-3. What is the level of private saving for this economy?
Potential GDP | $14 000 |
Government purchases | $2100 |
Investment | $300 |
Consumption | $10 000 |
Net tax revenues | $2000 |
Refer to Table 25-3. What is the level of private saving for this economy?
$2000
|
||
$500
|
||
$50
|
||
$3000
|
||
$100
|
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