(Answered) Use the following information to answer all of the

Management Studies

Use the following information to answer all of the questions that follow. (Enter one decimal place - that is, if your answer is .2, enter .2, not .20)

Suppose GDP equals $10 trillion,

Consumption equals $6.5 trillion,

the Government spends $2 trillion, Transfer payments = $0, the Government has a budget deficit of $0.3 trillion,

Exports = $1 trillion, and Imports = $1.5 trillion

Government Saving = $___________ trillion

private saving ____________________

Net Taxes = $________________________

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