Suppose GDP is $800 billion,net taxes equal $150 billion,government purchases are $160 billion,investment is $120 billion,and net exports are $5 billion.The private saving rate is ________.
A)19%
B)16%
C)21%
D)18%
E)none of the above

Question

Suppose GDP is $800 billion,net taxes equal $150 billion,government purchases are $160 billion,investment is $120 billion,and net exports are $5 billion.The private saving rate  is ________.
A)19% 
B)16% 
C)21% 
D)18% 
E)none of the above

Quizplus · Accepted Answer

The Answer of Suppose GDP is $800 billion,net taxes equal $150 billion,government purchases are $160 billion,investment is $120 billion,and net exports are $5 billion.The private saving rate  is ________.
A)19% 
B)16% 
C)21% 
D)18% 
E)none of the above

Suppose GDP Is $800 Billion,net Taxes Equal $150 Billion,government Purchases