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Consider a Closed Economy (With No Foreign Trade) A)R220 Billion
B)R250 Billion
C)R270 Billion
D)R300 Billion

Question 12

Multiple Choice

Consider a closed economy (with no foreign trade) .Assuming the economy is in equilibrium, use the following information to determine the amount of funds supplied to the loanable funds market.  Consumption Spending  R350 billior  Net Taxes  R270 billior  Household Saving  R250 billion  Investment Spending  R220 billion  Government Purchases  R300 billior \begin{array}{ll}\text { Consumption Spending } & \text { R350 billior } \\\text { Net Taxes } & \text { R270 billior } \\\text { Household Saving } & \text { R250 billion } \\\text { Investment Spending } & \text { R220 billion } \\\text { Government Purchases } & \text { R300 billior }\end{array}


A) R220 billion
B) R250 billion
C) R270 billion
D) R300 billion

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