Consumption expendi ture: Investment expenditure: Government budget balance Money demand C=100+0.8 YA I=120-500/ Deficit of 50 MD 200-2000 i + 0.1Y | Money supply: Lump-sum taxes Current account T 150 M-100 Where i is the interest rate, Y is the real GDP; Ya is the disposable income What is the equilibrium private saving? (Hint: continue with your answer from the previous question to answer this question] Select one:

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter21: Financial Markets, Saving, And Investment
Section: Chapter Questions
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Consumption expenditure:
Investment expenditure:
Government budget balance
Money demand
C=100 +0.8 Y
I 120-5001
Deficit of 50
Lump-sum taxes:
Current account
T 150
MD = 200
2000 i+0.1Y Money supply:
M-100
Where i is the interest rate, Y is the real GDP; Ya is the disposable income
What is the equilibrium private saving? (Hint: continue with your answer from the previous question to
answer this question]
Select one:
cross out
O a. -100.267
cross out
O b. 200.458
cross out
O c. 100.587
cross out
O d. 114.444
cross out
O e. None of the above
Transcribed Image Text:Consumption expenditure: Investment expenditure: Government budget balance Money demand C=100 +0.8 Y I 120-5001 Deficit of 50 Lump-sum taxes: Current account T 150 MD = 200 2000 i+0.1Y Money supply: M-100 Where i is the interest rate, Y is the real GDP; Ya is the disposable income What is the equilibrium private saving? (Hint: continue with your answer from the previous question to answer this question] Select one: cross out O a. -100.267 cross out O b. 200.458 cross out O c. 100.587 cross out O d. 114.444 cross out O e. None of the above
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