Find the market value of output and household saving


Question 1. Suppose, in a two-sector model, that individuals receive the following payments from the business sector: wages $520, interest $30 rent $ 10 and profits $80. Consumption spending is $550 and investment is $90.

i. Find the market value of output and household saving

ii. What is the relationship of saving and investment?

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Microeconomics: Find the market value of output and household saving
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