Question: Question 1 (3 points) The data you go over it on discussion 1 (table 17) show the following information for 2020: National income = 2,531,405,827,955

Question 1 (3 points) The data you go over it on discussion 1 (table 17) show the following information for 2020:

  • National income = 2,531,405,827,955 SAR.
  • Consumption equal 882,014,193,786 SAR.
  • Government expenditures equal 559,740,919,125 SAR.
  • Export equal 1,052,569,677,925 SAR.
  • Import equal 559,656,239,832 SAR

Solve for the following:

  1. National saving.
  2. Investment.
  3. NCO

Question 2 (1 point) What is automatic stabilizer? You can answer this question on only one sentence.

Question 3 (1 point) one of the six debates of the macroeconomic policy is:

  • Should government fight recession with increasing government spending or tax cut.

Briefly Explain that debate. This is only one to two sentences.

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