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In a closed economy, GDP is $1000 milion, government purchases are $200 milion, and consumption is $700 milion, If the government has a budget surplus
In a closed economy, GDP is $1000 milion, government purchases are $200 milion, and consumption is $700 milion, If the government has a budget surplus of $25 million, investments are milion, public savings are milion, taxes are milion, private savings are milion and national savings are ( Please put all your answers in numerical forms with no dollar sign or comma). If Congress and the President allow people to make greater contributions to tax-deferred savings accounts like 401(K). National savings will (please put your answer as either an increase, a decrease and unchanged) interest rates wil please put your answer as either an increase, a decrease and unchangedj, investment will (please put your answer as either an increase, a decrease and unchanged, the GDP wil (please put your answer as either an increase, a decrease and unchanged), and unemployment will please put your answer as either an increase, a decrease and unchanged). If consumers increase their spending more than usual due to the $1,400 stimulus check, the interest rate will (please put your answer as either an increase, a decrease and unchanged)
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