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Calculate the values for government purchases g private

Calculate the values for government purchases (G), private domestic saving (S), and private domestic investment

(I) from the following information (all variables are in billions of dollars).

national income Y = 5,200 budget deficit BuD = 150

disposable income YD = 4,400 trade deficit TD = 110

consumption C = 4,100

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Solution Preview :

Prepared by a verified Expert

Other Subject: Calculate the values for government purchases g private

Reference No:- TGS0654890

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