25 May WHAT IS THE IMPACT OF BUDGET DEFICIT AND BUDGET SURPLUS ON PUBLIC SAVINGS?
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The data presented in the table below is the Republic of Hola Hola’s economy data.
QUESTION 2The data presented in the table below is the Republic of Hola Hola’s economy. Using thedata answer the questions below:
QUESTION 2The presented in the table below is the Republic of Hola Hola’s economy Using thedata answer the questions below:Real GDP Consumption Planned Investment Government Purchase Net Exports Planned Aggregate Expenditure$2,400 $1,340 $780 $780 -$340$2,800 $1,660 $780 $780 -$340$3,200 $1,980 $780 $780 -$340$3,600 $2,300 $780 $780 -$340$4,000 $2,620 $780 $780 -$340a) Determine the Aggregate Expenditure and change in inventoryb) What is the macroeconomic equilibrium?c) What is the impact of budget deficit and budget surplus on Public Savings?
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