Assume that the gnp is php 10 billion and the government


Assume that the GNP is Php 10 billion, and the government budget deficit is Php 200 million. The consumption expenditures is Php 3.8 billion and the trade deficit is Php 100million.

a) How large is the savings (S)?

b) What is the size of investment (I)?

c) How large is government spending?

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Econometrics: Assume that the gnp is php 10 billion and the government
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