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    Principles of Macroeconomics Study Set 8
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    Exam 13: Saving Investment and the Financial System: Saving and Investment in the National Income Accounts
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    The Assumption of a Closed Economy
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The Assumption of a Closed Economy

Question 82

Question 82

Multiple Choice

The assumption of a closed economy


A) applies to the world economy.
B) applies to most national economies.
C) requires us to assume that the government's budget is always balanced.
D) All of the above are correct.

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