1a) If national income Y = 10,400, disposable income is Yd = 8,800 (assuming transfer payments are zero), consumption is C = 7,700, net exports is NX = 220, and the budget deficit is BD = 150, what is the level of private domestic investment, I ? 1,170 9,230 1,750 1,600 730 1b) The government's structural budget deficit is also called the cyclically-adjusted budget deficit general government budget deficit estimated budget deficit actual budget deficit cyclical budget deficit .

1. 1a)
If national income Y = 10,400, disposable income is Yd = 8,800 (assuming transfer payments are
zero), consumption is C = 7,700, net exports is NX = 220, and the budget deficit is BD = 150,
what is the level of private domestic investment, I ?
1,170
9,230
1,750
1,600
730
1b) The government's structural budget deficit is also called the
cyclically-adjusted budget deficit
general government budget deficit
estimated budget deficit
actual budget deficit
cyclical budget deficit
1,170
9,230
1,750
1,600
730