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In a Closed Economy,private Saving Is Equal to Which of the Following

Question 229

Multiple Choice

In a closed economy,private saving is equal to which of the following? (Y = GDP,C = Consumption,G = Government purchases,T = Taxes,and TR = Transfers)


A) Y - C - T
B) Y - G - T
C) Y - G - T + TR
D) Y + TR - C - T

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