4. GDP 20 Consumption 13 Taxes-8 Transfer Pmts=4 Public Saving= -2 A) Calculate Private Saving, Government Spending...

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4. GDP 20 Consumption 13 Taxes-8 Transfer Pmts=4 Public Saving= -2 A) Calculate Private Saving, Government Spending, Investme

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Answer 1

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M) GDP = 20 GDP=20 C=13 (= 13 T=& Trunster payment au public saving = -2 G-T = public saving G-8 = 2 G =248 =10 n GDP =C+Ita

(B) since > T so there is budget deficit of = 2 (c) since Saving is a source of lonnable fund, so with the increase in Saving

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