Go to the St. Louis Federal Reserve FRED database, find data on Gross Private Saving (GPSAVE) and

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Go to the St. Louis Federal Reserve FRED database, find data on Gross Private Saving (GPSAVE) and Gross Saving (GSAVE), and download the data.

a) How have these variables changed from 5 years earlier to the latest available data?

b) Calculate Gross Government Savings for the latest available data and for the data from 5 years earlier.

c) Based on your answer to part (b), is the government currently running a deficit, a surplus, or a balanced budget? What about 5 years ago?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 17, 2024 11:01 PM

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Go to the St. Louis Federal Reserve FRED database, find data on Gross Private Saving (GPSAVE) and

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Macroeconomics Policy And Practice

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