Order the answer to: Assume that the officials in…
Question | Assume that the officials in Ecoland have compiled the following information about their economy for last year: Y = 10,000 C = 6,000 T = 1,500 G = 1,700 The government uses the following equation for the investment function: I = 3,300 – 100r Where r = equal to Ecoland’s real interest rate. Calculate, and then explain, the following: Private saving Public saving National saving Investment The equilibrium real interest rate |
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Subject | business-economics |
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