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Scenario: Closed Economy S = I GDP is $12 trillion this year in a closed economy. Consumption is $8 trillion and government spending is $2

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Scenario: Closed Economy S = I GDP is $12 trillion this year in a closed economy. Consumption is $8 trillion and government spending is $2 trillion. Taxes are $0.5 trillion. How much is National Saving? 1) $3.5 trillion 2) $3 trillion 3) $2.5 trillion 4) $2 trillion

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