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1. Saving and investment in the national income accounts The following table contains data for a
hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country is
$1 , 260 million. Enter the amount for investment. Complete the following table by using
national income accounting identities to calculate national saving. In your calculations, use data
from the preceding table. National Saving ( S ) = = million Complete the following table by
using national income accounting identities to calculate private and public saving. In your
calculations, use data from the initial table. Private Saving =

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  • 1. 1. Saving and investment in the national income accounts The following table contains data for a hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country is $1 , 260 million. Enter the amount for investment. Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving ( S ) = = million Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private Saving =