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

If, in a closed economy, real GDP is $70 billion, consumption is $25 billion, and government purchases are $25 billion, what is total saving in this economy?

▸ $70 billion

▸ $50 billion

▸ $20 billion

▸ $120 billion
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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webmom2008webmom2008
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