Question: Hello only answer i need. Please 5) If personal saving is -$10 billion and disposable personal income is $370 billion, then personal consumption spending A)

Hello only answer i need. Please

Hello only answer i need. Please 5) If personal saving is -$10

5) If personal saving is -$10 billion and disposable personal income is $370 billion, then personal consumption spending A) is $360 billion. B) is $380 billion. C) is $390 billion. D) cannot be determined from this information. 6) If personal income is $925 billion and personal income taxes are $70 billion, the value of disposable personal income is A) $835 billion. B) $855 billion. C) $890 billion. D) $995 billion. 7) If disposable personal income is $400 billion and personal saving is $8 billion, the personal saving A) 1.5%. B) 2%. C) 5%. D) 12%. 8) The only component of GDP which can have a negative value is A) government spending. B) consumption expenditures. C) private investment expenditures. D) net exports

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!