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    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 13: Saving Investment and the Financial System: Saving and Investment in the National Income Accounts
  5. Question
    Scenario 26-1
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Scenario 26-1

Question 15

Question 15

Multiple Choice

Scenario 26-1.Assume the following information for an imaginary,closed economy.
GDP = $100,000;taxes = $22,000;government purchases = $25,000;national
saving = $15,000.
-Refer to Scenario 26-1.For this economy,consumption amounts to


A) $68,000.
B) $38,000.
C) $53,000.
D) $60,000.

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