The Country of Cedarland Does Not Trade with Any Other

Multiple Choice

The country of Cedarland does not trade with any other country.Its GDP is $17 billion.Its government purchases $5 billion worth of goods and services each year and collects $6 billion in taxes.Private saving in Cedarland is $5 billion.For Cedarland,

A) investment is $6 billion and consumption is $7 billion.
B) investment is $6 billion and consumption is $6 billion.
C) investment is $7 billion and consumption is $7 billion.
D) investment is $7 billion and consumption is $6 billion.