Solved

Suppose That in a Closed Economy GDP Is Equal to 18,000

Question 49

Multiple Choice

Suppose that in a closed economy GDP is equal to 18,000, taxes are equal to 1500, consumption is equal to 8800, and government expenditures are equal to 2200. What is national saving?


A) 700
B) 5500
C) 7000
D) 9200

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions