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Last Quarter in a Closed Economy GDP Was 100,000

Question 14

Multiple Choice

Last quarter in a closed economy GDP was 100,000. Expenditures on capital goods such as business equipment and structures was 10,000, inventory rose 1,000, and new construction of homes was 5,000. Consumption was 65,000, taxes were 15,000. What was public saving?


A) -4,000
B) -5,000
C) -14,000
D) -15,000

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