Calculate national savings and private savings

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Reference no: EM131530564

Question: The accompanying table, taken from the National Income and Product Accounts Tables, shows the various components of U.S. GDP in 2012 and 2013 in billions of dollars

a. Complete the table by filling in the missing figures.

b. For each year, calculate taxes (after transfers) as a percentage of GDP.

c. For each year, calculate national savings and private savings.

Reference no: EM131530564

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