Assume that the officials in ecoland have compiled the, Econometrics

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Assume that the officials in ecoland have compiled the

Assume that the officials in Ecoland have compiled the following information about their economy for last year:

Y = 10,000
C = 6,000
T = 1,500
G = 1,700

The government uses the following equation for the investment function:

I = 3,300 - 100r

Where r = equal to Ecoland's real interest rate.

Calculate, then explain, the following:

* Private saving
* Public saving
* National saving
* Investment
* The equilibrium real interest rate

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Econometrics: Assume that the officials in ecoland have compiled the

Reference No:- TGS0576625

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Econometrics: Assume that the officials in ecoland have compiled the

Reference No:- TGS0576625

Have a Question? (oR Write a Review)

Recent Questions Asked Econometrics

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Ask an Expert for Answer!!

Econometrics: Assume that the officials in ecoland have compiled the

Reference No:- TGS0576625

Recent Questions Asked Econometrics

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