Problem: Construct sources and uses of funds statements for each sector of the economy and for the whole economy using the following information:
|
|
Households
($billions)
|
Business
Firms
($billions)
|
Banks & other
Financial Institutions
($billions)
|
Governmental
Units
($billions)
|
|
Current saving
|
$428.8
|
$280.0
|
$35.0
|
-$35.0
|
|
Current real investment
|
$332.5
|
$350.0
|
$17.5
|
|
|
Current financial
investment
|
$306.3
|
$78.80
|
$43.8
|
$8.80
|
|
Current borrowing
|
$210.0
|
$148.8
|
$26.3
|
$43.8
|
Assume that the four sectors listed above are the only sectors in the economy and that there are no international transactions. Is there a statistical discrepancy? Where?
Which sectors are deficit-budget and which are surplus-budget sectors?