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Suppose Consumption Is $500 Billion,investment Is $120 Billion,government Purchases Equal

Question 3

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Suppose consumption is $500 billion,investment is $120 billion,government purchases equal $90 billion,and net exports are negative $20 billion.The saving rate Suppose consumption is $500 billion,investment is $120 billion,government purchases equal $90 billion,and net exports are negative $20 billion.The saving rate is ________. A) 20% B) 83.3% C) 14.5% D) 3% E) none of the above is ________.


A) 20%
B) 83.3%
C) 14.5%
D) 3%
E) none of the above

Correct Answer:

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