Question
This year in Country L, GDP is $500 billion, private consumption is $300 billion, government expenditure is $100 billion, and trade surplus is $20 billion.
This year in Country L, GDP is $500 billion, private consumption is $300 billion, government expenditure is $100 billion, and trade surplus is $20 billion. How much is total (public and private) domestic savings?
a. $150 billion
b. $80 billion
c. $120 billion
d. $100 billion
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
