10. Suppose that we're in Open Economy with this situations : • C= $85,890 • 1 =$125,000 • G= $56.700 • X= $65.000 • M= $55.000 • T= $60,000 Calculate GDP, National Saving, Private Saving, and Public Saving. Does it has budget deficit or budget surplus?
10. Suppose that we're in Open Economy with this situations : • C= $85,890 • 1 =$125,000 • G= $56.700 • X= $65.000 • M= $55.000 • T= $60,000 Calculate GDP, National Saving, Private Saving, and Public Saving. Does it has budget deficit or budget surplus?
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Savings,investment And The Financial System
Section: Chapter Questions
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![10. Suppose that we're in Open Economy with this situations :
• C= $85,890
• 1 = $125,000
• G= $56.700
• X= $65.000
• M = $55.000
• T = $60,000
Calculate GDP, National Saving, Private Saving, and Public
Saving. Does it has budget deficit or budget surplus?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc0206611-6b2e-417a-a525-f2fa51f66a27%2F01140b46-632e-4230-9d6f-a8d57140f156%2Fvea9o64_processed.png&w=3840&q=75)
Transcribed Image Text:10. Suppose that we're in Open Economy with this situations :
• C= $85,890
• 1 = $125,000
• G= $56.700
• X= $65.000
• M = $55.000
• T = $60,000
Calculate GDP, National Saving, Private Saving, and Public
Saving. Does it has budget deficit or budget surplus?
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