Economics Homework Help

Question 1 (3 points) The data you go over it on discussion 1 (table 17) show the following information on 2019 for Saudi Arabia: 

• National income equal 2,639,811,458,556 SAR.
• Consumption equal 942,020,123,311 SAR.
• Government expenditures equal 537,154,659,558 SAR.
• Export equal 1,179,770,640,555 SAR.
• Import equal 747,755,203,245 SAR

Solve the following:

• National saving.
• Investment.
• NCO

Question 2 (2 points) What is fiscal policy and monetary policy, what are the two forms these policies have? How do they affect economy? Hint: What tools used for each policy and which institution has each of the two policy, using these two policies will change the economy through increasing or decreasing output.