Homework answers / question archive / Economists in Funlandia, a dosed economy, have collected the following information about the economy for a particular year:  Y = 10 000 C = 6000 T =

Economists in Funlandia, a dosed economy, have collected the following information about the economy for a particular year:  Y = 10 000 C = 6000 T =

Economics

Share With

Economists in Funlandia, a dosed economy, have collected the following information about the economy for a particular year: 
Y = 10 000 C = 6000 T = .1500 G = .1700 
The economists also estimate that the investment function is: 1 = 3300 -100r where r is the country's real interest rate, expressed as a percentage. Calculate private saving, public saving, national saving, investment, and the equilibrium real interest rate.