Business, 31.10.2019 00:31 leannamat2106

In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows:
y = $ trillion
c = $88 trillion
i = $22 trillion
tr = $11 trillion
t = $22 trillion

using the information above, what is the value of private saving and public saving?

a. private saving equal $9 trillion and public saving equal $ 3 trillion.
b. private saving equal $1 trillion and public saving equal $ 2 trillion.
c. private saving equal $2 trillion and public saving equal $ 1 trillion.
d private saving equal $3 trillion and public saving equal $ 9 trillion.

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In a closed economy, the values for gdp, consumption spending, investment spending, transfer payment...

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