Refer to the information provided in Table 8.9 below to answer the questions that follow. Table 8.9 All Figures in Billions of Dollars Aggregate Output Aggregate Consumption Planned Investment 160 20 200 240 20 300 20 400 400 20 500 20 100 320 480 Refer to Table 8.9. Planned saving equals planned investment at an aggregate output level of Select one: a. $500 billion. b. $400 billion. c. $200 billion. d. $300 billion

Q: 10. Suppose that we're in Open Economy with this situations : • C= $85,890 • 1 =$125,000 • G=…

A: An open economy is an economy where there are no barriers to trade or where there is free movement…

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A:

Q: Refer to the information provided in Table 8.7 below to answer the questions that follow. Table 8.7…

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A:

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A:

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Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.