A closed economy has collected the following information about the economy for a particular economy.
economics
Description
Qusstion I
A closed economy has collected the following information about the economy for a particular economy.
Y. 16.000
c r 9ßo
G = 3.000
T 4.500
Assuming that the investment function is staled bdow
I = 7000 - 200 r
where r ¡s the counbVs real interest rate expressed as a percentage. Calculate
the following:
a) Pubtic Saving
b) Investment
c) National Saving
