Based on the Following Information,calculate Public Saving,net Foreign Investment,and National

question 38

Essay

Based on the following information,calculate public saving,net foreign investment,and national income.
Private saving = $83 billion
Exports = $125 billion
Imports = $130 billion
Consumption = $200 billion
Private investment = $56 billion
Government purchases = $38 billion

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Definitions:

Investment

The action or process of allocating resources, usually money, with the expectation of generating an income or profit.

Positively Correlated

A relationship between two variables where if one variable increases, the other variable also increases.

Correlation Coefficient

The correlation coefficient is a statistical measure that calculates the strength and direction of a linear relationship between two quantitative variables.

Stock Market

A marketplace where stocks (shares of ownership in businesses) are bought and sold, often indicating the general health of an economy.