Essay
The economy of Miniland has an income of $400, consumption is $200, government expenditure is $200, and the tax earnings of government is $150.
a. Calculate private saving.
b. Calculate public saving.
c. Calculate national saving.
Correct Answer:
Verified
Y = $400
C = $200
T = $150
G = $200
a. P...View Answer
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Correct Answer:
Verified
C = $200
T = $150
G = $200
a. P...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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