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

Author Question: The Savings-Investment Spending Identity In Closed and Open MarketsGDP (Y)$14Consumption ... (Read 93 times)

Adc3669

  • Full Member
  • ***
  • Posts: 148
The Savings-Investment Spending Identity In Closed and Open Markets


GDP (Y)$14
Consumption (C)9.0
Investment (I)3.0
Government purchases (G)2.0
Transfer payments (TR)1.5
Taxes (T)4.0
All figures in the table are in trillions of dollars.

Refer to the data for a closed economy in the table. What is the level of public saving in this closed economy?
◦ $2.5 trillion
◦ $0.5 trillion
◦ $3.0 trillion
◦ $2.0 trillion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Adc3669 on Nov 23, 2022

gyvette

  • Full Member
  • ***
  • Posts: 196
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




Adc3669

  • Member
  • Posts: 148
Reply 2 on: Nov 23, 2022
:D TYSM


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library