Consider the following data for a closed economy:
Y = $13 trillion
C = $8 trillion
G = $2 trillion
Spublic = $negative 1.0 trillion
T = $4 trillion
Use the data to calculate the following: (Enter your responses rounded to one decimal place.)
a. Private saving is: $
negative 1 trillion.

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step-by-step explanation:

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step-by-step explanation:

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step-by-step explanation:

total income = price of one ticket   *   number of tickets sold

  y                 =     4                                   x

so the equation is y=4x     with x≥0   because number of tickets sold can not be negative

thus the equation is a semi -line with an end point at

(0,0)

passing through :

x=1     y=4(1) = 4   so through (1,4)