The following shows information of a hypothetical economy in a
given year.
Calculate the values of national saving, private saving, and
government saving.
The value of national saving is $___, the value of private saving is $___, and the value of government saving is $___.
Please explain how to calculate national and private saving.
National saving = Y(gdp)-Consumption-Government purchase
Y = Consumption+Investment+Government purchase+Net Exports = 350+100+125+(60-50) = 585
NS = 585-350-125 = 110
Private saving = Y-C-T
= 585-350-100 = 135
Government saving = T-G = 100-125 = -25
The following shows information of a hypothetical economy in a given year. Calculate the values of...
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