suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percent point. Assume also that all investment must be financed with consumer saving. Note: Investment rate = investment /GDP The economy is currently characterized by Consumption: $7 Trillion Saving (=investment) $2 trillion GDP: $9 trillion If the goal is to raise the growth rate by 1 percentage point, a. by how much must investment increase? ______billion b. by how much consumption decline? _____billion

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