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    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 26: Saving, Investment, and the Financial System
  5. Question
    If, for an Imaginary Closed Economy, Investment Amounts to $12,000
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If, for an Imaginary Closed Economy, Investment Amounts to $12,000

Question 51

Question 51

True/False

If, for an imaginary closed economy, investment amounts to $12,000 and the government is running a $2,000 deficit, then private saving must amount to $10,000.

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