The figure shows the flows of income and expenditure in an economy. In 2008, Q was $1,100 billion, U was $200 billion, W was $650 billion, Rwas $100 billion, and Z was $50 billion. Calculate investment and saving. Investment is S 450 billion. Saving is $450 billion.

The figure shows the flows of income and expenditure in an economy. In 2008, Q was $1,100 billion, U was $200 billion, W was $650 billion, Rwas $100 billion, and Z was $50 billion. Calculate investment and saving. Investment is S 450 billion. Saving is $450 billion.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 6PA

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