A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of

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A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of $250. What is private saving?

a. $100

b. $200

c. $300

d. $400

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Essentials Of Economics

ISBN: 9780357723166

10th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 26, 2024 03:01 AM

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A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of

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The answer is c 300 Heres how we can find private saving in a closed economy Understanding Closed Ec...View the full answer

Essentials Of Economics

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