Budget balance = Tax revenue - Government spending
-1.2 = Tax revenue - 3
Tax revenue = 1.8
Thus, tax revenue collected = $1.8 trillion
QUESTION 2 Z.Z points Trbons of dollars GDP Compooo Government spendin Esports Imports Budget balance Refer...
QUESTION 2 Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance Refer to the table shown. How much tax revenue does the government collect? (Assume transfer payments are equal to zero) Tax revenue = $ __trillion. (Round to one decimal place.)
Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance $15.9 11.3 3.0 2.2 2.7 -1.2 Refer to the table shown. How much tax revenue does the government collect? (Assume transfer payments are equal to zero) Tax revenue $ trillion. (Round to one decimal place.) =
Trillions of dollars GDP Consumption Government spending Esports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table? National Savings = $___ trillion. (Round to one decimal place.)
QUESTION 3 Tribons of dolers GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments trillion (Round to one decimal place.) , compute the value of private saving. Private saving QUESTION 4 Trons GDP Consumption Government pending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table? National Savings trillion.(Round to one decimal place.) 5 QUESTION 5 Tribons of dollars...
QUESTIONS Trillions of dolars GDP Consumption Government spend Exports Imports Budget balance Given the values in the table, what must net capital inflow equal? Net capital inflow = $_ place.) trillion. (Round to one decimal QUESTION 6 GDP Consumption Government spending Exports Imports Budget balan Use the information in the table to compute Investment spending for that hypothetical economy. (You can either use the expenditures approach to GDP equation or apply the investment - Saving identity). Round to one decimal...
QUESTION S 22 points Save A Trions of dela $15.9 11.3 GDP Consumption Government spending Exports Imports Badget balance 3.0 22 27 -12 Glven the values in the table, what must net capital inflow equal? Net capital inflow $ place.) trillion. (Round to one decimal 2.2 peints QUESTION Seve Ae Trons of dolars $i59 GDP Convanption Government spending Exports Imports Budget balance 30 22 27 -12 Use the information in the table to compute Investment spending for that hypothetical econamy-(You...
REISIMING Time: 1 hour, 07 minutes, 44 seconds. Question Completion Status: QUESTION 3 22 points GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments = 0, compute the value of private saving Private saving trillion. (Round to one decimal place.) 2.2 points Set QUESTION 4 GDP Consumption Government spending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table...
Given the values in the table, and assuming transfer payments = 0, compute the value of private saving. Private saving = $_____________ trillion. (Round to one decimal place.) Thank you! QUESTION 3 Trillions of dollars GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments = 0, compute the value of private saving. Private saving = $ decimal place.) trillion. (Round to one QUESTION 4 Trillions of dollars GDP. GD Emotion .... $139 Consumption......
What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
Suppose government spending was $3.90 trillion, tax revenue was $4.50 trillion, GDP was $14.08 trillion, and total consumer spending was $10.60 trillion. Instructions: Round your answers to two decimal places and include a negative sign if necessary. a. If the economy has no exports or imports, what was the national savings? trillion. b. How much was public savings? $ trillion. c. How much was private savings? trillion.