In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving rate. a. Household saving = 200 Business saving = 400 Government purchases of goods and services = 120 Government transfers and interest payments = 100 Tax collections = 175 GDP = 2,300 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a () In front of those numbers. National saving Private saving 600 Public saving National saving rate b. GDP = 6,050 Tax collections = 1,225 !! Government transfers and interest payments =400 Consumption expenditures 4,500 Government budget surplus 100 Instructions: Enter your response for the national saving rate rounded to one decimal place, If you are entering any negative numbers, be sure to include a () in front of those numbers. National saving Private saving Public saving National saving rate 100 c Consumption expenditures = 4,100 Investment 1,000 Government purchases 1,000 Net exports = 2 Tax collections 1,525 Government transfers and interest payments = 500 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a (-) in front of those numbers. National saving Private saving PubLic saving National saving rate
In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving rate. a. Household saving = 200 Business saving = 400 Government purchases of goods and services = 120 Government transfers and interest payments = 100 Tax collections = 175 GDP = 2,300 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a () In front of those numbers. National saving Private saving 600 Public saving National saving rate b. GDP = 6,050 Tax collections = 1,225 !! Government transfers and interest payments =400 Consumption expenditures 4,500 Government budget surplus 100 Instructions: Enter your response for the national saving rate rounded to one decimal place, If you are entering any negative numbers, be sure to include a () in front of those numbers. National saving Private saving Public saving National saving rate 100 c Consumption expenditures = 4,100 Investment 1,000 Government purchases 1,000 Net exports = 2 Tax collections 1,525 Government transfers and interest payments = 500 Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers, be sure to include a (-) in front of those numbers. National saving Private saving PubLic saving National saving rate
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:In each part that follows, use the economic data given to find national saving, private saving, public saving, and the national saving
rate.
a. Household saving = 200
Business saving = 400
Government purchases of goods and services = 120
Government transfers and interest payments = 100
Tax collections = 175 GDP = 2,300
Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers,
be sure to include a () In front of those numbers.
National saving
Private saving
Public saving
National saving rate
GOO
b. GDP = 6,050 Tax collections = 1,225
Government transfers and interest payments - 400
Consumption expenditures 4,500
Government budget surplus 100
Instructions: Enter your response for the national saving rate rounded to one decimal place, If you are entering any negative numbers,
be sure to include a () in front of those numbers.
National saving
Private saving
Public savingNational saving rate
100
c Consumption expenditures = 4,100 Investment 1,000
Government purchases 1,000 Net exports = 2
Tax collections 1,525
Government transfers and interest payments = 500
Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative numbers,
be sure to include a (-) in front of those numbers.
National saving
Private saving
Public saving
National saving rate
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