Determining the government budget deficit or surplus

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In a closed? economy,

Y? = ?$19 billion

C? = ?$15.2 billion

I? = ?$1.9 billion

TR? = ?$2.0 billion

T? = ?$4.0 billion

Calculate each of the following ?(round each answer to one decimal place?).

Private savings? = ?$ _____ billion

Public savings? = ?$ _____ billion

Total savings in this economy? = ?$ _____ billion

The? government's budget deficit or surplus? = ?$ ____ billion

?(enter a negative number for a? deficit, positive number for surplus?).

Reference no: EM131764788

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