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Scenario 26-3. Assume the following information for an imaginary, open economy. Consumption $1,000; investment = $200; X-M = -$50; taxes $230; private saving = $225;
Scenario 26-3. Assume the following information for an imaginary, open economy. Consumption $1,000; investment = $200; X-M = -$50; taxes $230; private saving = $225; and national saving = $150. Refer to Scenario 26-3. For this economy, GDP equals $1,480. $1,505. $1,460 $1,455
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