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Vinil7 [7]
3 years ago
15

If in the economy, business saving equals $240 billion, household saving equals $15 billion and government saving equals -$150 b

illion, what is the value of national saving?
Business
1 answer:
Marrrta [24]3 years ago
6 0

Answer:

$105 billion

Explanation:

We know that

The national saving equal to

= Private saving + public saving

where,

Private saving = Business saving + household savings

                        =$240 billion + $15 billion

                        = $255 billion

And, the public saving would be -$150 billion

So, the national saving would be

= $255 billion - $150 billion

= $105 billion

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Answer:

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