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For an imaginary closed economy, T = $5,000; S = $11,000; C = $50,000; and the government is running a budget deficit of $1,000. Then:
For an imaginary closed economy, T = $5,000; S = $11,000; C = $50,000; and the government is running a budget deficit of $1,000. Then:
- whats the private saving
- What's the GDP(Y)?
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Econometric Analysis
Authors: William H. Greene
8th Edition
978-0134461366, 0134461363
