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Author Question: The Savings-Investment Spending Identity In Closed and Open MarketsIf, in a closed economy, real GDP ... (Read 180 times)

eboni

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on: Nov 23, 2022

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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by eboni on Nov 23, 2022

katrey9207

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Reply #1 on: Nov 23, 2022
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.
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eboni

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

mcarey591

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Reply 3 on: Yesterday
Excellent

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