| Question | In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving rate. a. Household saving = 200 Business saving = 400 Government purchases of goods and services =100 Government transfers and interest payments = 100 Tax collections =150 GDP = 2,200 b. GDP = 6,000 Tax collections = 1,200 Government transfers and interest payments = 400 Consumption expenditures = 4,500 Government budget surplus = 100 c. Consumption expenditures = 4,000 Investment = 1,000 Government purchases = 1,000 Net exports = 0 Tax collections = 1,500 Government transfers and interest payments = 500 |
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| Subject | business economics |
