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If income is 4,800, consumption is 3,500, government spending is 1,000, and taxes minus transfers are...

If income is 4,800, consumption is 3,500, government spending is 1,000, and taxes minus transfers are 800, private saving is:

a. 300. b. 1,000. c. 1,300. d. 500.

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Answer #1

Ans.mex d. 500 Cansumption = private Saving Explanatin consumption : 35610 tax minus devence = 800 Y-T-s=s 4800-800-3500 = 50

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