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Homework answers / question archive / Complete the following table by using national income accounting identities to calculate national saving
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) = G-T, Y-T-G, Y-C-G, OR Y-C ?
= I, Y, C, OR G ?
= __________ 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 = C-T, T-G, Y-T-I, OR Y-C-T?
= million ?
Public Saving = Y-T-I, C-T, Y-C-T, OR T-G?
= million ?
Based on your calculations, the government is running a budget: Deficit or Surplus?
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