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Potential GDP $2830 Net tax revenues $110 Government Purchases $230 Consumption $2350 TABLE 25-2 Table 25-2 shows aggregate values for a hypothetical closed economy in
Potential GDP $2830 Net tax revenues $110 Government Purchases $230 Consumption $2350 TABLE 25-2 Table 25-2 shows aggregate values for a hypothetical closed economy in billions of dollars. Suppose that this economy is where actual GDP equal to potential output. The level of national saving for this economy (expressed as an integer without decimal places is) is Question 5 0/1 poi From an initial level of GDP in year 0 equal to $190 billion with an annual growth rate of 6 percent, the level of GDP in billions of dollars rounded to the nearest decimal point is in 40 years is
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