8. Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public...

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8. Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public saving is

$20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment.

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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Question Posted: Sep 28, 2024 07:03 AM

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8. Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public...

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Principles Of Macroeconomics

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