SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 1} Consider the following date for a closed economy: 1) a. Y: $12 trillion b. 5': $3 trillion c. l=$3 trillion d. TH: $2 trillion e. T: $3 trillion Use the data provided to calculate the level of private saving and the level of public saving and demonstrate their relationship to investment