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Where Y Is GDP, C Is Consumption, I Is Investment

Question 5

Multiple Choice

Where Y is GDP, C is consumption, I is investment, G is government spending, T is net taxes, and there is no international trade, private saving equals:


A) C + I + G - T.
B) Y - T - C.
C) Y -T - G.
D) Y - C - I.

Correct Answer:

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