5. If national income is $1,200, consumption is $600, taxes are $200, and government purchases are $300,

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5. If national income is $1,200, consumption is $600, taxes are

$200, and government purchases are $300, then national saving is

a. $300.

b. $400.

c. $500.

d. $600.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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