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    Principles of Macroeconomics Study Set 6
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    Exam 8: Saving, investment, and the Financial System
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    Suppose That Consumption Is 7500,taxes Are 1800,and Government Expenditures Are
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Suppose That Consumption Is 7500,taxes Are 1800,and Government Expenditures Are

Question 67

Question 67

Multiple Choice

Suppose that consumption is 7500,taxes are 1800,and government expenditures are 1500.If national saving is 1500 and the economy is closed,what is the GDP?


A) 9500
B) 10,000
C) 10,500
D) 11,200

Correct Answer:

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