4. Prepare the national savings and national investmentsaccounts? If you have the following data that representing an economyof a country as follow:transfer payments355Indirect taxes315Wages2335social security deductions125personal taxes (direct taxes )Imports410350Rent250income of foreigners inside Jordan450145Exportsretained (undistributed) profit70Interest36050Depreciationstransfer payments355income of the Jordanian from abroad300Gross private investment expenditures750275corporate taxesGovernment expenditures740Profit475According to the above information answer the following questions:

The national savings rate is the Gross Domestic Product that is saved rather than an expenditure of…

Answered: 4. Prepare the national savings and…

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Economics

4. Prepare the national savings and national investments accounts?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Concept explainers

Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.

Question

4. Prepare the national savings and national investments
accounts?

If you have the following data that representing an economy
of a country as follow:
transfer payments
355
Indirect taxes
315
Wages
2335
social security deductions
125
personal taxes (direct taxes )
Imports
410
350
Rent
250
income of foreigners inside Jordan
450
145
Exports
retained (undistributed) profit
70
Interest
360
50
Depreciations
transfer payments
355
income of the Jordanian from abroad
300
Gross private investment expenditures
750
275
corporate taxes
Government expenditures
740
Profit
475
According to the above information answer the following questions:

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