In a closed economy without a government,________.

Name: In a closed economy without a government,________.
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In a closed economy without a government, there are no taxes or transfer payments. Hence, there is no government spending or borrowing. Therefore, the only components of GDP are consumption, investment, and savings. Since there are no net exports in a closed economy, C (saving equals investment) is the correct answer.

In a Closed Economy Without a Government,________