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Consider the following hypothetical information on the National Income and Product Accounts for Ireland Category Billions of Dollars Consumption 1200 Investment 700 Government consumption 200
Consider the following hypothetical information on the National Income and Product Accounts for Ireland
Category Billions of Dollars
Consumption 1200
Investment 700
Government consumption 200
Exports of goods and services 800
Imports of goods and services 600
Net factor income from abroad-100
Net unilateral transfers -10
Based on this information, are Ireland's savings greater or smaller than its investment?
Select one:
not enough information
the same size
greater
smaller
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