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    Principles of Macroeconomics
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    Exam 8: Saving, Investment, and the Financial System
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    Suppose That in a Closed Economy GDP Is 10,000, Consumption
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Suppose That in a Closed Economy GDP Is 10,000, Consumption

Question 165

Question 165

Multiple Choice

Suppose that in a closed economy GDP is 10,000, consumption is 6500, and taxes are 2000. What value of government expenditures would make national saving equal 1500?


A) 2000
B) 3000
C) 7000
D) 9000

Correct Answer:

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