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We have the following data for a hypothetical closed economy:GNP = $14,000 Consumption (C) = $7,800 Government Purchases (G) = $1,200 Tax Collections (T) =

We have the following data for a hypothetical closed economy:GNP =

$14,000

Consumption (C) =

$7,800

Government Purchases (G) =

$1,200

Tax Collections (T) =

$1,200

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