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If, in a Closed Economy, Real GDP Is $25 Billion

Question 86

Multiple Choice

If, in a closed economy, real GDP is $25 billion, consumption is $15 billion, and government purchases are $7 billion, what is the total saving in the economy?


A) $7 billion
B) $15 billion
C) $25 billion
D) $55 billion

Correct Answer:

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