Given the following information about the closed economy of, Engineering Mathematics

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Given the following information about the closed economy of

Question: Given the following information about the closed economy of Brittania, what is the level of investment spending and private savings, and what is the budget balance? What is the relationship among the three? Is national savings equal to investment spending? There are no government transfers. GDP = $1,000 million T = $50 million C = $850 million G = $100 million.

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Engineering Mathematics: Given the following information about the closed economy of

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