The figure shows the flows of income and expenditure in an economy. In 2008, Q was $1,100 billion, U was $200 billion, W was $650 billion, Rwas $100 billion, and Z was $50 billion. Calculate investment and saving. Investment is S 450 billion. Saving is $450 billion.

The figure shows the flows of income and expenditure in an economy. In 2008, Q was $1,100 billion, U was $200 billion, W was $650 billion, Rwas $100 billion, and Z was $50 billion. Calculate investment and saving. Investment is S 450 billion. Saving is $450 billion.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The figure shows the flows of income and expenditure in an economy.
In 2008, Q was $1,100 billion, U was $200 billion, W was
$650 billion, R was $100 billion, and Z was $50 billion.
Calculate investment and saving.
Investment is S 450 billion.
Saving is $450 billion.

YINANCIAL
MARKETS
HOUSEHOLDS
GOODS
HARKETS
REST
OF
WORLD
GOVERNHENTS
FACTOR
HARKETS
FIRMS

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