Consider the following economy: C-300 + 17/20 X YD T= 4/20 X Y G=1000 M= 2/20 X Y If real GDP is 2600, what is the level of private savings? Round to one two decimal places and do not enter the $ sign. If your answer is $6.151, enter 6.15. If your answer is $6.155, enter 6.16. If appropriate, remember to enter the - sign.

Consider the following economy: C-300 + 17/20 X YD T= 4/20 X Y G=1000 M= 2/20 X Y If real GDP is 2600, what is the level of private savings? Round to one two decimal places and do not enter the $ sign. If your answer is $6.151, enter 6.15. If your answer is $6.155, enter 6.16. If appropriate, remember to enter the - sign.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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