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If GDP = R₁ 000, Consumption = R600, Taxes =

Question 53

Multiple Choice

If GDP = r₁ 000, consumption = R600, taxes = r₁00, and government purchases = R200, how much is saving and investment?


A) saving = R300, investment = R300
B) saving = R200, investment = r₁00
C) saving = r₁00, investment = R200
D) saving = r₀, investment = r₀
E) saving = R200, investment = R200

Correct Answer:

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