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Suppose a Closed Economy Had Public Saving of −$1 Trillion

Question 74

Multiple Choice

Suppose a closed economy had public saving of −$1 trillion and private saving of $17 trillion. What are national saving and investment for this country?


A) $16 trillion, $16 trillion
B) $16 trillion, $18 trillion
C) $18 trillion, $16 trillion
D) $18 trillion, $18 trillion

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