Suppose gdp equals 200 million consumption equals 140, Business Economics

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Suppose gdp equals 200 million consumption equals 140

Suppose GDP equals $200 million, consumption equals 140 million, government expenditure equals 20 million and has a budget deficit of 5 million. (Hint. suppose this is a closed economy, Y=I+C+G)

A. Find investment and taxes.

B. Find public saving and private saving.

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Business Economics: Suppose gdp equals 200 million consumption equals 140

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Business Economics: Suppose gdp equals 200 million consumption equals 140

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