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olya-2409 [2.1K]
3 years ago
10

In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe

nditure equals $325 billion, investment equals $510 billion, and net capital outflow equals $225 billion. What is national saving
Business
1 answer:
N76 [4]3 years ago
7 0

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

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