Based on the National Income accounts given, the country's personal savings can be found to be $500 billion.
<h3>What are the personal savings?</h3><h3 />
This can be found as"
= Personal income - Consumption
Personal income is:
= GDP - depreciation + transfer payments to households + net interest + net foreign factor - indirect business tax - social security taxes - corporate tax - corporate retained earnings
= (8,800 + 2,000 + 5,100 + 3,500 - 3,800) - (5,100 gross investment - 4,100 net investment) + 1,200 + 800 - 1,100 - 1,900 - 2,300 - 700
= $10,600 billion
Consumption is:
= Expenditures for consumer goods and services + personal income taxes
= 8,800 + 1,300
= $10,100 billion
Personal savings are:
= 10,600 - 10,100
= $500 billion
Find out more on national savings at brainly.com/question/14521802.
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