menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 6
  4. Exam
    Exam 8: Saving, investment, and the Financial System
  5. Question
    Suppose That in a Closed Economy GDP Is Equal to 12,000,taxes
Solved

Suppose That in a Closed Economy GDP Is Equal to 12,000,taxes

Question 138

Question 138

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 3200.What is national saving?


A) 500
B) 2000
C) 2700
D) 4200

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q41: You are required to testify before Parliament

Q42: The only province not currently collecting a

Q102: In a closed economy, investment must be

Q109: Using a graph representing the market for

Q127: Which term refers to the situation when

Q139: What do people who buy newly issued

Q175: If the current market interest rate for

Q182: Suppose that the government finds a major

Q207: Public saving is equal to national saving

Q208: What does a high price/earnings ratio indicate?<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines