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7. Public saving and investment The national income statistics for a closed economy show that it has GDP of $500 million, no government transfer payments,

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7. Public saving and investment The national income statistics for a closed economy show that it has GDP of $500 million, no government transfer payments, taxes of E200 million, a budget surplus of $20 million, and investment of $100 million. What is the amount of consumption expenditure? O $220 million O $380 million O $420 million O $820 million

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