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Suppose GDP is $8 trillion, net taxes (that is, taxes minus transfer payments) are $1.5 trillion, private saving is $0.5 trillion, and public saving is
Suppose GDP is $8 trillion, net taxes (that is, taxes minus transfer payments) are $1.5 trillion, private saving is $0.5 trillion, and public saving is $0.2 trillion. Assume the economy is closed. What is G (government purchases)? ($ _ ___ trillion, answer to one decimal place. ) Your
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