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The Country of Yokovia Does Not Trade with Any Other

question 39

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The country of Yokovia does not trade with any other country. Its GDP is $20 billion. Its government collects $4 billion in taxes and pays out $3 billion to households in the form of transfer payments. Consumption equals $15 billion and investment equals $2 billion. What is public saving in Yokovia, and what is the value of the goods and services purchased by the government of Yokovia?


Definitions:

Disease-carrying Insect

An insect that transmits pathogens to humans or other animals, causing diseases.

Communicable Disease

An infectious disease that can be transmitted from one individual to another, either directly or indirectly.

Incubation

The period between the exposure to an infection and the appearance of the first symptoms.

Modes Of Transmission

The various ways in which infectious agents are spread from one individual to another or from an environment to an individual.

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