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Using the information given calculate:______.
a. private saving,
b. public saving,
c. national saving.
(Round your solution to the nearest whole number. Be sure to include a negative sign if? necessary.)
Category. Value
Consumption $900
Government spending. 600
Taxes 100
Net Exports 400
Investment 600
GDP 1,700

Respuesta :

ayokenny2001

Answer:

See below

Explanation:

Given the above information,

a. Private saving is computed as;

Private saving = National income - Consumption - Taxes

= $1,700 - $900 - $100

= $700

Therefore, private saving is $700

b. Public saving is computed as;

Public saving = Taxes - Government spending

= $100 - $600

= -$500

Therefore, public saving is -$500

c. National saving is computed as;

National saving = Private saving + Public saving

= $700 + (-$500)

= $200

Therefore, national saving is $200

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