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eduard
3 years ago
9

What’s the answer to 1 = ? • 2 to the 6

Mathematics
1 answer:
Lera25 [3.4K]3 years ago
3 0

Answer:

Step-by-step explanation:

3

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Suppose GDP is $12 trillion, taxes are $3.6 trillion, private saving is $1.5 trillion, and public saving is $0.8 trillion. Assum
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Assuming this economy is closed: Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.

<h3>Gross domestic product</h3>

a. Consumption

Private S = ( Y – T – C )

C = Y - T - Private S

C = $12 - $3.6 - $1.5 =$6.9 trillion

b. Government purchases

Public S = ( T - G )          

G = T - Public S                                                        

G = $12 - $0.8

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Therefore, Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.

Learn more about GDP here:brainly.com/question/1383956

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