Assume that GDP is $6500, personal disposable income is $5600, and the government budget deficit is $400. Consumption is $3800, and the trade deficit is $100. Calculate the saving (S), investment (I), and government spending (G).
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- Assume that the gross domestic product is $6,000, personal disposal income is $5,100, the government deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the size of: Private SavingArgentina has net capital outflow of $2,000, government purchases of $10,000 and consumption of $40,000. Which of the following is correct? If its domestic investment is $2,000, its GDP is $52,000. If its domestic investment is $4,000, its GDP is $56,000. If its domestic investment is $10,000, its GDP is $58,000. None of the above are correct. b. d. A B D bAssume that the gross domestic product is $6,000, personal disposal income is $5,100, the government deficit is $200, consumption is $3,800, and the trade deficit is $100. What is the size of: (i) Private Saving (ii) Investment (iii) Government Spending (iv) National Savings (v) Taxes (vi) Public savings
- A government decides to introduce an expenditure-switching measure to reduce a balance of trade deficit. Which of the following is an expenditure-switching measure? Pick a,b,c, or d A. A government subsidy to domestic producers B. An increase in income tax C. An increase in the rate of interest D.A decrease in state benefitsSuppose that the economy is in equilibrium with a trade deficit and that saving is greater than investment. According to the circular flow model, the government's budget a. must be in deficit b. must be in surplus c. must be balanced d. could be in a surplus or a deficitIn a country, private savings equals 600, the government budget surplus equals 200, and the trade surplus equals 100. What is the level of private investment in this economy?
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