Consider a Closed Economy (With No Foreign Trade) A) €220 Billion
B) €250 Billion
C) €270 Billion
D)

Multiple Choice

Consider a closed economy (with no foreign trade) . Assuming the economy is in equilibrium, use the following information to determine the amount of funds supplied to the loanable funds market.
$\begin{array}{ll}\text { Consumption Spending } & € 350 \text { billion } \\\text { Net Taxes } & € 270 \text { billion } \\\text { Household Saving } & € 250 \text { billion } \\\text { Investment Spending } & € 220 \text { billion } \\\text { Government Purchases } & € 300 \text { billion }\end{array}$

A) €220 billion
B) €250 billion
C) €270 billion
D) €300 billion