Suppose gdp is 15 trillion taxes are 3 trillion private


Suppose GDP is $15 trillion, taxes are $3 trillion, private saving is $2 trillion, and public saving is -$0.5 trillion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment. Explain your answers.

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Business Economics: Suppose gdp is 15 trillion taxes are 3 trillion private
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