Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 1,500, consumption equals 7,500, and government purchases equal 2,000. What is national saving?
A)-500
B)0
C)2,000
D)None of the above is correct.

Question

Quizplus · Accepted Answer

The Answer of Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 1,500, consumption equals 7,500, and government purchases equal 2,000. What is national saving?
A)-500
B)0
C)2,000
D)None of the above is correct.

Suppose That in a Closed Economy GDP Is Equal to 11,000