9 He 4 Using the information given below for the fictitious country Alpha. find

Question

9 He 4 Using the information given below for the fictitious country Alpha. find national saving, private saving, public saving, and the national saving rate Household saving-120 Business saving- 400 Government purchases of goods and services 300 Government transfers and interest payments 100 Tax collections 430 GDP 2,200 10 Print Instructions: Enter your response for the national saving rate rounded to one decimal place. If you are entering any negative be sure to include a (-) in front of those numbers. K Prev 4 of 7 Next>

Explanation / Answer

Question 4

Calculate Private Saving -

Private Saving = Household Saving + Business Saving

Private Saving = 120 + 400 = 520

The Private Saving is 520.

Calculate Public Saving -

Public Saving = Tax collections - Government purchases of goods and services - Government transfers and interest payments

Public Saving = 430 - 300 - 100 = 30

The Public Saving is 30.

Calculate National Saving -

National Saving = Private Saving + Public Saving

National Saving = 520 + 30 = 550

The National Saving is 550.

Calculate National Saving Rate -

National saving rate = (National saving/GDP) * 100

National saving rate = (550/2200) * 100 = 25%

The National Saving rate is 25%.

Related Questions

Navigate

• Browse (All)
• Browse 9
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.