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Suppose GDP Is $800 Billion, Net Taxes Equal $150 Billion

Question 64

Multiple Choice

Suppose GDP is $800 billion, net taxes equal $150 billion, government purchases are $160 billion, investment is $120 billion, and net exports are $5 billion. The private saving rate Suppose GDP is $800 billion, net taxes equal $150 billion, government purchases are $160 billion, investment is $120 billion, and net exports are $5 billion. The private saving rate is ________. A) 19% B) 16% C) 21% D) 18% E) none of the above is ________.


A) 19%
B) 16%
C) 21%
D) 18%
E) none of the above

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