question archive If known information in a closed economy is as follows: National income = IDR 8 trillion Tax = Rp1
If known information in a closed economy is as follows: National income = IDR 8 trillion Tax = Rp1
Subject:EconomicsPrice: Bought3
If known information in a closed economy is as follows:
National income = IDR 8 trillion
Tax = Rp1.5 trillion
Private savings = Rp. 0.5 trillion
Public savings = Rp. 0.2 trillion
1. Calculate the amount of consumption, government expenditure, national savings and investment!
2. If private savings become IDR 2 trillion, recalculate the amount of consumption, government spending, national savings and investment!
3. Explain the impact of changes in private savings to changes in the savings fund market! Complete the chart to explain the answer.
