For a Closed Economy, GDP Is $37 Trillion, Consumption Is

Multiple Choice

For a closed economy, GDP is $37 trillion, consumption is $10 trillion, taxes are $2.0 trillion and the government runs a surplus of $3 trillion. What are private saving and national saving?

A) $25.0 trillion and $28.0 trillion, respectively
B) $28.0 trillion and $25.0 trillion, respectively
C) −$25.0 trillion and −$28.0 trillion, respectively
D) −$25.0 trillion and $28.0 trillion, respectively