This topic contains a solution. Click here to go to the answer

Author Question: The Savings-Investment Spending Identity In Closed and Open MarketsIf, in a closed economy, real GDP ... (Read 138 times)

eboni

  • Full Member
  • ***
  • Posts: 135

Question 1

The Savings-Investment Spending Identity In Closed and Open Markets

If, in a closed economy, real GDP is $80 billion, consumption is $35 billion, and government purchases are $25 billion, what is investment in this economy?
◦ $140 billion
◦ $70 billion
◦ $60 billion
◦ $20 billion

Question 2

The Savings-Investment Spending Identity In Closed and Open Markets

If, in a closed economy, real GDP is $70 billion, consumption is $25 billion, and government purchases are $25 billion, what is total saving in this economy?
◦ $70 billion
◦ $50 billion
◦ $20 billion
◦ $120 billion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eboni on Nov 23, 2022

katrey9207

  • Full Member
  • ***
  • Posts: 139
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




eboni

  • Member
  • Posts: 135
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

For a complete list of videos, visit our video library