Question

The table below provides the values, in billions of dollars, of selected macroeconomic variables for a nation at the current real interest rate. The nation is a closed economy with no international transactions. Private Savings: 300 Tax Revenues: 200 Government Spending: 200 Government Transfer Payments: 100 Investment in Plant and Equipment: 300 Based on the table above, which of the following is most likely true? A. The government has a budget surplus. B. Consumer spending exceeds disposable income. C. Public savings exceeds private savings. D. National debt is decreasing. E. The government is borrowing.

          The table below provides the values, in billions of dollars, of selected macroeconomic variables for a nation at the current real interest rate. The nation is a closed economy with no international transactions.
Private Savings: 300
Tax Revenues: 200
Government Spending: 200
Government Transfer Payments: 100
Investment in Plant and Equipment: 300
Based on the table above, which of the following is most likely true?
A. The government has a budget surplus.
B. Consumer spending exceeds disposable income.
C. Public savings exceeds private savings.
D. National debt is decreasing.
E. The government is borrowing.

The table below provides the values, in billions of dollars, of selected macroeconomic variables for a nation at the current real interest rate. The nation is a closed economy with no international transactions.
Private Savings: 300
Tax Revenues: 200
Government Spending: 200
Government Transfer Payments: 100
Investment in Plant and Equipment: 300
Based on the table above, which of the following is most likely true?
A. The government has a budget surplus.
B. Consumer spending exceeds disposable income.
C. Public savings exceeds private savings.
D. National debt is decreasing.
E. The government is borrowing.

Added by Donna N.

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