Government purchases of goods and services $150 Government borrowing $60 Government Taxes $100 Government transfers $10 %3D Private savings = $200 Consumer Households spending = $510 Wages, profit, interest, %3D rent = $800 Markets for goods and services Factor markets Financial markets Gross Wages, profit, interest, rent = $800 domestic Borrowing and stock issues by firms = product $110 Firms Investment spending = $110 %3D Foreign borrowing and sales of stock = $130 Exports = $50 %3D %3D Rest of world Foreign lending and purchases of stock = $100 Imports = $20 %3D
Government purchases of goods and services $150 Government borrowing $60 Government Taxes $100 Government transfers $10 %3D Private savings = $200 Consumer Households spending = $510 Wages, profit, interest, %3D rent = $800 Markets for goods and services Factor markets Financial markets Gross Wages, profit, interest, rent = $800 domestic Borrowing and stock issues by firms = product $110 Firms Investment spending = $110 %3D Foreign borrowing and sales of stock = $130 Exports = $50 %3D %3D Rest of world Foreign lending and purchases of stock = $100 Imports = $20 %3D
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 5AA
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