CUsersRiyaDownloads18011 250chp8package20 1 pdf e 1 Example

C/Users/Riya/Downloads/18011 250chp8package%20( 1 ) pdf e 1 Examples of Uneth what Are The Enviro t Understanding Orga Human Resource IC KU 2016-17 Univer Bollywood 2017 Arch gned Problems Economic development would be a great deal more difficult without banks.\" Use your understanding of Chapter 8 in the course text book to briefly explain why this statement is true. Hints: See pp.154-159 and 174-175 in Chapter 8 of the course text book. See also TYU Questions 1 and 3 in the Chapter 8 Student Package 2. You are given the following information for a closed economy fall figures in S billions): C: 500 Spational: 200 G: 300 Spivate: 400 In light of this information, calculate Y, T, Spublic, and I. Hint: Use the identities found on pp. 161-162 of the course text book. Also see, for example, TYU Question S in the Chapter 8 Student Package. 10 1/2620 e9 @w1 to search

Solution

2. Y = C + I + G

I = national savings = 200

Y = 500 + 200+300

Y = 10000

PUBLIC SAVINGS = National saving - private savings

= 200- 400

= -200

Public savings is also equal to T - G

Public savings = T - 300 = -200

T= 100