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Suppose That in a Closed Economy GDP Is Equal to 15,000,taxes

Question 163

Multiple Choice

Suppose that in a closed economy GDP is equal to 15,000,taxes are equal to 2500,consumption is equal to 7500,and government expenditures are equal to 3100.What is public saving?


A) -600
B) -500
C) 500
D) 600

Correct Answer:

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