Calculate consumption-government purchases-national saving

Assignment Help Business Economics
Reference no: EM133303676

Question

Consider an economy in which GDP is $8.2 trillion, public saving is $ 0.2 trillion (yes, it is a negative number), taxes are $0.8 trillion, private saving is $3.0 trillion, export is $0.4 trillion, and import is $0.5 trillion. Calculate consumption, government purchases, national saving, and investment.

Reference no: EM133303676

Questions Cloud

What is jihadi salafism discuss the evolution of al qaeda : What is jihadi Salafism? Discuss the evolution of al Qaeda. Do you think the U.S. should have been more cognizant of the beginnings of al Qaeda? Why or why not?
Explains strategies that were utilized in developing policy : Explains the strategies that were utilized in developing the proposed policy Justifies why those strategies were chosen Suggested policy outline
Analyze impact of feds contractionary monetary policy : Analyze the impact of the FED's "contractionary" monetary policy in 2022 on U.S. business investment, household consumption, private savings,
Why our founding fathers supported the us constitution : Why our Founding Fathers supported the US Constitution's separation of powers-the three branches:Legislative-Congress Executive-Presidency
Calculate consumption-government purchases-national saving : Calculate consumption, government purchases, national saving, and investment.
Recession and government budget is in deficit : Assume that economy is in recession and the government budget is in deficit. The government wants to stimulate the economy by increasing government purchases
How much of increase in economic activity : How much of an increase in economic activity would be generated by a $240 million increase in government spending?
Given that civic virtues are essential for stable democracy : Given that civic virtues are essential for a stable democracy, and are challenging to instill in people by the state, should this affect immigration policy?
Long-standing issues-design of health care system : Describe two long-standing issues and how these issues relate to the design of the health care system.

Reviews

Write a Review

Business Economics Questions & Answers

  Forward a tax plan

President Trump has put forward a tax plan that would significantly cut personal and corporate income taxes in the U.S. Assume that Congress passes

  Which is steeper when it rises and steeper when it falls

Which is steeper when it rises and steeper when it falls

  Explain the opportunities that present themselves

Explain the opportunities that present themselves under Locational, Triangular, and Covered Interest Arbitrage for Prime Emerald Inc.

  About the levelized cost

Suppose you have an asset with the following cash flow and that you face a MARR of 5%. If your client asks for the "levelized cost" what number do you give them?

  Bureaucrats for interfering with free markets across

According to Hazlitt, what is the motivation or thought-process that explains attempts by elected government representatives or bureaucrats for interfering with free markets across the various examples he provides?

  Find the mean number of parcels

A) What is the probability that all seven arrive on time? B) What is the probability that exactly five arrive on time? C) What is the probability that no more than four arrive on time? D) Find the mean number of parcels that will arrive on time.

  Ikea sales in the united states

Use these "facts" to develop a recommendation to increase IKEA sales in the United States. More specifically, you must:

  Reducing health disparities and improve health

Identify a program, policy, grant and/or interventions in your community/state/region that has improved the conditions in people's environment and the health st

  Switch to the riskier investment

Sam, after taking a $200 loan from the bank to finance an investment that pays $1000 50% of the time and $0 50% of the time at a 100% interest

  What is the invisible hand theory

What is the invisible hand theory from the book inequality and work in the global economy chapter 5 and 6. Page reference please

  What is the oc of cake for b also who will export shirts

Draw the PPFs for A and B when they work for 4 hours. What if the OC of shirt for A? What is the OC of shirt for B? What is the OC of cake for B? Who will export shirts? Why?

  Find the cournot equilibrium

Find the Cournot equilibrium and illustrate it in your diagram. Keep in mind that your diagram must have a best response curve for firm A

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd