Consider the following data for a closed economy Y = $12 trillion C = $8 trillion...

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Question

Consider the following data for a closed economy Y = $12 trillion C = $8 trillion = $2 trillion G = $2 trillion TR = $2 trill

Answer 1

Answer #1

Answer

Option B

Public saving =T-G

=3-2

=$1 trillion

the public saving is $1 trillion

Answer 2

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