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Suppose That in a Closed Economy GDP Is Equal to 12

Question 37

Multiple Choice

Suppose that in a closed economy GDP is equal to 12 000,taxes are equal to 1500,consumption is equal to 6800,and government expenditures are equal to 2500.What is national saving?


A) 4200
B) 2700
C) 1200
D) 1000

Correct Answer:

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