Compute the values for government purchases


Compute the values of GDP identity components.

Compute the values for government purchases (G), private domestic saving (S), and private domestic investment (I) from the subsequent information (all variables are in billions of dollars).

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

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

consumption               C   =   4,100

 

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Compute the values for government purchases
Reference No:- TGS016961

Expected delivery within 24 Hours