Government budget deficit constitutes 5 % of GDP, current account surplus is 100, disposable ncome of households is 2000, investment two times smaller than private saving and is 6 times smaller than consumption. What is the value of government spending?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter11: Fiscal Policy
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Government budget deficit constitutes 5 % of GDP, current account surplus is 100, disposable
income of households is 2000, investment two times smaller than private saving and is 6 times
smaller than consumption. What is the value of government spending?
Transcribed Image Text:Government budget deficit constitutes 5 % of GDP, current account surplus is 100, disposable income of households is 2000, investment two times smaller than private saving and is 6 times smaller than consumption. What is the value of government spending?
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