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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa9a88693-bbaa-4403-bfcf-4fa6aea661d2%2F99fe3c40-c274-4de5-af97-9d809e89ddf3%2Fw64j459_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa9a88693-bbaa-4403-bfcf-4fa6aea661d2%2F99fe3c40-c274-4de5-af97-9d809e89ddf3%2Fjvjilip_processed.jpeg&w=3840&q=75)
Transcribed Image Text:YINANCIAL
MARKETS
HOUSEHOLDS
GOODS
HARKETS
REST
OF
WORLD
GOVERNHENTS
FACTOR
HARKETS
FIRMS
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