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First-year Macroeconomics question: see details?
Asked by adr (439)
May 1st, 2011
93. Consider the following information on an economy (in billion dollars):
GNP 340
Private Consumption 150
Public Consumption 90
Export 120
Transfer payments 20
Import 170
Depreciation 40
Taxes 60
(A) Private savings =90, disposable income =260 and Net import =50;
(B) Net investment =110, Private savings = 110, disposable income = 260
(C) Net Investment =150, disposable income = 260 Savings=110;
(D) Net domestic investment =110, disposable income =240, private savings =110
(E) None of the above
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