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Suppose That in a Closed Economy GDP Is Equal to 10

Question 15

Multiple Choice

Suppose that in a closed economy GDP is equal to 10 000,taxes are equal to 2500,consumption is equal to 6500,and government expenditures are equal to 2000.What is private saving?


A) 1500
B) 1000
C) 500
D) 0

Correct Answer:

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