1.1. Given the following information about the closed economy of Brittania, what is the level of investment...
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1.1. 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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