ANALYZE NATIONAL INCOME When the sum of government spending (G), exports (X), and investments (I) exceeds the sum of taxes (T), imports (M), and savings (S), the national income increases. G + X + I > T + M + S = increased income When the reverse is true, the national income decreases. G + X + I < T + M + S = decreased income.

Study the statistics in the table below about the economies of three nations. Then, use the formulas above to complete an equation for each economy in the space provided. Determine if each country’s income has increased, decreased, or stayed the same. For each nation, write a short paragraph analyzing its economy and citing amounts for taxation, government spending, etc. Based on the statistics provided, evaluate why the national income is growing, is slowing down, or remains unchanged.

Please answer Nation A, B, and C. I will be giving branliest!!! I'll give all 20 Points. Please I really need to pass this section.

ANALYZE NATIONAL INCOME When the sum of government spending G exports X and investments I exceeds the sum of taxes T imports M and savings S the national income class=

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Answer:

  • See all the answers with explanation below.

Explanation:

1. Nation A.

a) Statistics

Goverment expending (G), exports (X), and investments (I)

  • G = $1,855
  • X = $565
  • I = $375

  • Sum = G + X + I = $2,795

Taxes (T), imports (M), Savings (S)

  • T = $2,10
  • M = $450
  • S = $335

  • Sum = T + M + S = $2,795

b) Equations:

  • National income change = (G + X + I) - (T + M + S)

  • National income change =  $2795 - $2,795 = 0

c) Analysis

The national income of Nation A has has stayed the same because the goverment spendings of $1,855, exports of $565, and investments of $375, totalized $ 2,795, such as the taxes of $2,010, the imports of $450, and the savings of $335 totalized the same amount.

In conclusion, the economy of Nation A remainded unchanged.

2. Nation B.

a) Statistics

Goverment expending (G), exports (X), and investments (I)

  • G = $2,055
  • X = $1,020
  • I = $1,025

  • Sum = G + X + I = $4,100

Taxes (T), imports (M), Savings (S)

  • T = $1,950
  • M = $370
  • S = $100

  • Sum = T + M + S = $2420

b) Equations:

  • National income change = (G + X + I) - (T + M + S)

  • National income change =  $4,100 - $2,420 = $1680

c) Analysis

The national income of Nation B has has increased because the goverment spendings of $2,055, exports of $1,020, and investments of $1,025, totalized $4,100, which is greater than the sum of the taxes of $1,950, the imports of $370, and the savings of $100, that totalize $2,420.

In conclusion, the economy of Nation B  grew.

3. Nation C.

a) Statistics

Goverment expending (G), exports (X), and investments (I)

  • G = $2,880
  • X = $995
  • I = $1,225

  • Sum = G + X + I = $5,100

Taxes (T), imports (M), Savings (S)

  • T = $3,705
  • M = $1,350
  • S = $825

  • Sum = T + M + S = $5,880

b) Equations:

  • National income change = (G + X + I) - (T + M + S)

  • National income change =  $5,100- $5,880 = $ - 780 (negative)

c) Analysis

The national income of Nation C has has decreased because the goverment spendings of $2,880, exports of $995, and investments of $1,225, totalized $5,100, which is less than the sum of the taxes of $3,705, the imports of $1,350 and the savings of $825, that totalizes $5800.

In conclusion, the economy of Nation C slowed down.