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The questions below are displayed in order. I tried to answer some questions but I am unsure. Question 1 1 pts In a closed economy

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The questions below are displayed in order. I tried to answer some questions but I am unsure.

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Question 1 1 pts In a closed economy Investment equals C: a} Savings. '3' b} Savings + Budget Surplus. 0 cl Savings + Budget Decit. 0 cl] There is no relationship between Savings and Investment. Question 2 1 pts For a closecl economy, which equatio nis} below is [arel correct? (5} alY=C+I HE C} b}Y=C+S+T.-TR 0 cl both a. and b. are correct. 0 cl] neither a. nor b. are correct. Question 3 1 pts An increase of $1l] billion in Government Purchases {G} will result in Q a} a decrease in National Income. D b} an increase in National Income of less than $13 billion. 0 cl an increase in National Income of $10 billion. (i) cl] an increase in National Income of more than Sit] billion. Question 9 1 pts Suppose C = SUD + {135 "i'd where Yd is Disposable Income and Disposable Income is National Income minus Met Taxes. In this case, the government spending multiplier equals. O a} '4 {negative 4}. O b} [1?5 D cure. D cl} 4 {positive 4]. Question 10 Inggregate Demand is less than Aggregate Supply. O 3} Prices will decrease. O b} National lnoomewill decrease. D c} both a. and b. D cl} neither 3. nor b

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