HELP!!! I'm desparate!
Suppose that in China in 2004, investment is $400 billion, saving is $400 billion, tax revenues are $500 billion, exports are $300 billion and imports are $200 billion.
a.) what is the amount of government purchases?
b) What is the government budget balance?
c) Is the government exerting a positive or negative impact on investment?
d) What fiscal policy action might increase investment and speed economic growth?
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