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Suppose GDP in this country is $1,680 million

Economics Oct 03, 2020

Suppose GDP in this country is $1,680 million. Enter the amount for investment. 
Value 
National Income Account (Millions of dollars) 
Government Purchases (G) 400 
Taxes minus Transfer Payments (T) 360 
Consumption (C) 1,000 
Investment (I) 
Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. 
National Saving (S) = 

million 
Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from 
the initial table. 
Private Saving = 

million 
 

Public saving= 

=

million

Based on your calculation, the government is running a budget....

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