Illustrate fiscal policy action might increase

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Reference no: EM139114

Q. Assume which in the U.S. in 2007, investment is $1,600 billion, saving is $1,400 billion, government expenditure on gods and services is $1,500 billion, exports are $2,000 billion and imports are $2,500 billion.

a) Illustrate what is the amount of tax revenue?

b) Illustrate what is the government budget balance?

c) IS the government exerting a positive or negative impact on investment?

d) Illustrate fiscal policy action might increase investment and speed economic growth?

Explicate Explain how the policy action would work.

Reference no: EM139114

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