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2. Saving and investment in the national income accounts The foliowing table comtains data for
a hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country
is s470 mition, Enter the amount for consumption.
Compiete the following tabie by using national income accounting ifentities to calculate nabional
saving. In your caiculations, use data from the preceding tabie,
NationalSaving(S)=CYCC=milionC Compiete the following tabe by using national income
accounting identities to caiculate private and public saving. In your calculations, use data from
the initisi tabie. ProvareSaving=Y=TI==mitionPublicSaving=TG= Bosed on your calculations,
the gowernment is running a budget

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  • 1. 2. Saving and investment in the national income accounts The foliowing table comtains data for a hypothetical closed economy that uses the dollar as its currency. Suppose GDP in this country is s470 mition, Enter the amount for consumption. Compiete the following tabie by using national income accounting ifentities to calculate nabional saving. In your caiculations, use data from the preceding tabie, NationalSaving(S)=CYCC=milionC Compiete the following tabe by using national income accounting identities to caiculate private and public saving. In your calculations, use data from the initisi tabie. ProvareSaving=Y=TI==mitionPublicSaving=TG= Bosed on your calculations, the gowernment is running a budget