If the economy's total output (Y) is $1,000, consumption (C) is $700, and taxes (T) are $200, what is the level of private savings (S) according to the Classical Model?

1.      In a classical model of a closed economy, assume the equilibrium GDP (Y) is $7000, Consumption C is given by the equation.C = 270 + 0.8 (Y-T).Taxes (T) is equal to $800 and government spending G is $500.What is the equilibrium investment?

National output: $200000,Taxes: $10000,Consumption: $6000,Government Expenditures: $2000,Find Private Savings and Public Savings

In the classical model, assuming that the equilibrium GDP (Y) is 3,000. Consumption (C) is given by the equation C = 270 + 0.9 (Y-T). Taxes (T) equal 300, and government spending (G) is 250. What is equilibrium investment?

Use the following information to answer the question below.C = 1000 + .8(Y-T)I = 800G = 2000T = 1000The equation for household saving, S, for the above economy is:Group of answer choices-1000 + .8(Y-T)-1000 + .2(Y-T)-1000 - .2(Y-T)3000 + .2Y

Where Y is GDP, C is consumption, I is investment, T is net taxes and G is government spending, if there is no trade, then private saving equals:Group of answer choicesY - T - CY - C – IY - T – GC + I + G – T