Homework Answers
Private Saving= Y -T -C
Public Saving= T -G
National Saving = private Saving+public Saving
National Saving=(Y-T-C)+( T-G) = Y - C- G= 3
Only (d) option satisfied the condition
Y-C-G= 11-7-1=3
Correct option is D.
C=6, G=1
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economics
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I need help with this.
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Consider the following data for a closed economy Y = $12 trillion C = $8 trillion = $2 trillion G = $2 trillion TR = $2 trillion T= $3 trillion Refer to the scenario above. Based on the information above, what is the level of public saving? O A. $0 O B. $1 trillion OC. $2 trillion O D. negative $1 trillion (a deficit of $1 trillion)
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economics
2. The Economy of Bulgaria can be described as: Y=C+I+G+NX, NX = S-1 Y=1000 G=300 T=300 C=0.95(Y-T) I=500-100r NX=135-100e, where Exports = 135-25e Imports = 75e r=r*=2 a. [7 points] Find the national saving, investment, capital outfow, trade balance, exports, imports and equilibrium exchange rate. b. [7 points) The above scenario shows the economy of Bulgaria before the outbreak of world war II. It is a net borrower. When the war ends it finds itself in the following situation:...
I need help with this.
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