Saving and investment in the national income accounts



The following table contains data for a hypothetical closed economy that uses the dollar as its currency.



Suppose GDP in this country is $1,058 million. Enter the amount for investment.

National Income Account	Value (Millions of dollars)
Government Purchases ( $G$ )	225
Taxes minus Transfer Payments ( $T$ )	202
Consumption ( $C$ )	675
Investment ( $I$ )	□

Complete the following by using national income accounting identities to calculate national saving from the preceding table:



$\begin{aligned}

\text{National Saving }(S) & = \\

& = \$ \text{ million}

\end{aligned}$