The table presents information on the hypothetical economy of Hersty. Assume the government is running a deficit. Calculate the missing values in the table. All values are in millions of Herstian dollars. budget deficit in 2011: 500 Budget deficit Investment spending Private savings Trade deficit 2010 390 110 110 400 415 195 2011 2012 550 100 250 million Herstian dollars

The table presents information on the hypothetical economy of Hersty. Assume the government is running a deficit. Calculate the missing values in the table. All values are in millions of Herstian dollars. budget deficit in 2011: 500 Budget deficit Investment spending Private savings Trade deficit 2010 390 110 110 400 415 195 2011 2012 550 100 250 million Herstian dollars

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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