Calculate and explain private saving and public savings

Assignment Help Econometrics

Reference no: EM13235530

Assume that the officials in Ecoland have compiled the following information about their economy for last year:

Y = 10,000
C = 6,000
T = 1,500
G = 1,700

The government uses the following equation for the investment function:

I = 3,300 - 100r

Where r = equal to Ecoland's real interest rate.

Calculate, then explain, the following:

Private saving
Public saving
National saving
Investment
The equilibrium real interest rate

Reference no: EM13235530

Questions Cloud

What is the diffrence among cost-benefit analysis : what is the diffrence among cost-benefit analysis, cose-effectiveness analysis and cost-utility analysis.

Does the structure of the drug industry have any bearing : Does the structure of the drug industry have any bearing on the types of errors that drug firms are likely to make that is, would a drug industry made up of numerous highly competitive firms be more or less

Discuss the use of language in a written report : Discuss the use of language in a written report. Consider word choice, sentence structure, writing style and other writing components. How does report writing differ in style and purpose from an email or letter?

What is the new service level : Annual demand for a product is 13000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100. The replenishment lead time is 4 weeks. Annual carrying cost is $0.65/unit.

Calculate and explain private saving and public savings : Assume that the officials in Ecoland have compiled the following information about their economy for last year: The government uses the following equation for the investment function: I = 3,300 - 100r Where r = equal to Ecoland's real interest rate.

How much energy must be supplied to the device : An ice-making machine operates in a Carnot cycle. It takes heat from water at 0.0 ?C and rejects heat to a room of temperature 21.5?C, How much energy must be supplied to the device

What is the electric force : A quarter circle of electric charge with a radius of 2.5 m has a uniform charge density of +0.7x10^-6 C/m. At the center of the circle is located a +0.3C charge

Compute the unit manufacturing cost for the daytime shift : Venus Computer can produce 23,000 personal computersa year on its daytime shift. The fixed manufacturing costs per yearare $2million and the total labor cost is $9,109,000. To increaseits production to 46,000 computers per year

What is the direction of the electric force on an electron : What is the magnitude of the electric force on an electron in a uniform electric field of strength 1510N/C that points due east

User Account

All Pages