The table gives some information about the U.K. economy in 2003: Item Billions of U.K. pounds Consumption expenditure 721 Exports of goods and services 277 Government expenditure 230 Net taxes 217 Investment 181 Saving 162 a. Calculate the private sector balance. b. Calculate the government sector balance. c. Calculate net exports. d. What is the relationship between the government sector balance and net exports?
The table gives some information about the U.K. economy in 2003: Item Billions of U.K. pounds Consumption expenditure 721 Exports of goods and services 277 Government expenditure 23