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


GDP (Y)$9.5​
Consumption (C)6.5​
Investment (I)2.0​
Government purchases (G)1.0​
Transfer payments (TR)1.5​
Taxes (T)2.0​
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 total saving in this closed economy?

▸ $8.0 trillion

▸ $2.0 trillion

▸ -$0.5 trillion

▸ $2.5 trillion
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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hannahfenghannahfeng
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A year ago
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