Using the consumption and saving data a. What are saving and planned investment at the $390...

  

Transcribed Image Text:

Using the consumption and saving data a. What are saving and planned investment at the $390 billion level of domestic output? Saving = $ Investment = $ 11 billion 7 billion and assuming planned investment is $25 billion, answer the following questions: b. What are saving and actual investment at that level? Saving=$1 11 billion Investment = $ 11 billion c. What are saving and planned investment at the $350 billion level of domestic output? Saving = $ Investment = $ 3 billion billion Possible Levels of Employment, Millions 45 50 55 60 65 70 75 80 85 Real Domestic Output, Billions $ 250 270 290 310 330 350 370 390 410 Consumption, Billions $249 265 281 297 313 329 345 361 377 Saving, Billions $1 5 9 13 17 21 25 29 33 Using the consumption and saving data a. What are saving and planned investment at the $390 billion level of domestic output? Saving = $ Investment = $ 11 billion 7 billion and assuming planned investment is $25 billion, answer the following questions: b. What are saving and actual investment at that level? Saving=$1 11 billion Investment = $ 11 billion c. What are saving and planned investment at the $350 billion level of domestic output? Saving = $ Investment = $ 3 billion billion Possible Levels of Employment, Millions 45 50 55 60 65 70 75 80 85 Real Domestic Output, Billions $ 250 270 290 310 330 350 370 390 410 Consumption, Billions $249 265 281 297 313 329 345 361 377 Saving, Billions $1 5 9 13 17 21 25 29 33

Answer rating: 100% (QA)

Answers to your questions a Saving and planned investment at the 390 billion level of domestic outpu... View the full answer