menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 13: Saving Investment and the Financial System: Saving and Investment in the National Income Accounts
  5. Question
    Scenario 26-1
Solved

Scenario 26-1

Question 22

Question 22

Multiple Choice

Scenario 26-1.Assume the following information for an imaginary,closed economy.
GDP = $100,000;taxes = $22,000;government purchases = $25,000;national
saving = $15,000.
-Refer to Scenario 26-1.For this economy,private saving amounts to


A) $22,000.
B) $18,000.
C) $15,000.
D) $37,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: In examining the national income accounts of

Q18: According to the definitions of national saving

Q19: In national income accounting,we use which of

Q20: Scenario 26-3.Assume the following information for an

Q21: According to the definitions of private and

Q24: Which of the following restrictions implies that

Q25: The purchase of a new house is

Q26: The country of Yokovia does not trade

Q27: For a closed economy,GDP is $18 trillion,consumption

Q176: In a closed economy, private saving is<br>A)the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines