Answer to Question #136410 in Macroeconomics for lieliey

Question #136410
Question 1
A country had the following data: income (Y) = $200,000, taxes (T) = $60,000, government purchases (G) = $45,000, consumption (C) = $120,000, exports (EX) = $65,000 and imports (IM) = $70,000.

a. What was the country's private saving or households and businesses saving?

b. What was the government saving (or government surplus)?

c. What was the national saving?

d. Is the country lending or borrowing from the rest of the world and by how much?

e. What was the country's investment?

f. How much investment is financed by national saving and how much investment is financed by the lending or borrowing from the rest of the world?
PLEASE HELP ME THANKS
1
Expert's answer
2020-10-05T11:02:08-0400
Dear lieliey, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS