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Consider the following data for a closed economy: Y = $14 trillion C = $9 trillion 1 = $2 trillion TR = $2 trillion T
Consider the following data for a closed economy: Y = $14 trillion C = $9 trillion 1 = $2 trillion TR = $2 trillion T = $4 trillion Use the data to calculate the following. (Enter your responses as integers.) a. Private saving: $ 3 trillion. b. Public saving: $ trillion
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