Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

An economy that is in equilibrium records a trade deficit of $20bn and a budget surplus of $20bn. Investment spending stands at $50bn. Calculate the total saving.

  • A$5bn
  • B$10bn
  • C$15bn
  • D$20bn

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI