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The Savings-Investment Spending Identity In Closed and Open MarketsGDP (Y)$10.3Consumption ...

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The Savings-Investment Spending Identity In Closed and Open MarketsGDP (Y)$10.3Consumption ...

The Savings-Investment Spending Identity In Closed and Open Markets

GDP (Y)	$10.3
Consumption (C)	6.0
Domestic investment (I)	3.0
Government purchases (G)	2.0
Net exports (NX)	-0.7
Transfer payments (TR)	2.5
Taxes (T)	3.0

All figures in the table are in trillions of dollars.

Refer to the data for an open economy in the table. What is the level of national saving in this open economy?

▸ $3.2 trillion

▸ $3.7 trillion

▸ $3.0 trillion

▸ $2.3 trillion

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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