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Jimmyhighroller Jimmyhighroller
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A year ago
The Savings-Investment Spending Identity In Closed and Open Markets


GDP (Y)$12.5​
Consumption (C)9.0​
Investment (I)1.5​
Government purchases (G)2.0​
Transfer payments (TR)2.5​
Taxes (T)3.0​
All figures in the table are in trillions of dollars.

Refer to the data for a closed economy in the table. What is the level of private saving in this closed economy?

▸ -$2.0 trillion

▸ $3.0 trillion

▸ $0.5 trillion

▸ -$1.5 trillion
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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sportzchik15sportzchik15
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A year ago
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Jimmyhighroller Author
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A year ago
Good timing, thanks!
avance37
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
hmonier
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2 hours ago
Smart ... Thanks!
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