Multiple Choice
Suppose GDP is $800 billion,net taxes equal $150 billion,government purchases are $160 billion,investment is $120 billion,and net exports are $5 billion.The private saving rate
Is ________.
A) 19%
B) 16%
C) 21%
D) 18%
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q22: Saving-Investment Diagram <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Saving-Investment Diagram
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Q24: Suppose the world economy is divided into
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Q28: In an economy open to international trade
Q29: In an economy open to international trade
Q30: If there is a decrease in world
Q31: An increase in _ in an open
Q32: Suppose an economy has a GDP of