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2.Use the following data for a closed economy to calculate the amounts listed below. Explain and show your work in your answers: Y = $12

2.Use the following data for a closed economy to calculate the amounts listed below. Explain and show your work in your answers:

Y = $12 trillion

C = $8 trillion

G = $2 trillion

S_Public= $-0.5 trillion

T = $2 trillion

A. Investment spending

B. Private saving

C. Transfer payments

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