Solution:-
(3). Calculate Private Savings:-
Net Taxes = Government savings + government spending + transfer payments
= -1.2 + 3 + 0
= 1.8
Private savings = Y-T + TR – C
= 15.9 – 1.8 + 0 – 11.3
= 2.8
(4). Calculate National Savings:-
National savings = government savings + private savings
= -1.2 + 2.8
= 1.6
(5). Calculate Net Capital inflow:-
Net capital inflow = Export – Import
= 2.2 – 2.7
= -0.5
(6). Calculate Investment:-
GDP = C + I + G + (X-I)
I = Y – C – G - X + M
I = 15.9 – 11.3 – 3 – 2.2 + 2.7
I = 2.1
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