Macroeconomics Assignment Report

Running head: MACROECONOMICS
Macroeconomics
Name of the Student
Name of the University
Student ID

MACROECONOMICS1
Table of Contents
Answer 1..........................................................................................................................................2
Answer 2..........................................................................................................................................3
Answer 3..........................................................................................................................................3

MACROECONOMICS2
Answer 1
GDP (Y) = $300 trillion, Consumption (C) =$24 trillion, Government spends (G) = $3 trillion
and Budget deficit (G-T) = $ 500 billion or 0.5 trillion, where T = Taxes
Public saving=T −G
¿ , Public saving=−$ 0.5trillion
Taxes=G−Budget deficit
¿ , Taxes=3−0.5
¿ , Taxes=$ 2.5 trillion
Private Saving =Y −T −C
¿ , Private Saving=300−2.5−24
¿ , Private Saving=$ 273.5 trillion
National Saving =Y −C−G
¿ , National Saving=300−24−3
¿ , National Saving=$ 273 trillion
Investmnet=National Saving
¿ , Investmnet=$ 273 trillion