Suppose that private savings are fixed at 15 percent of GDP. Also assume that net exports are

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Suppose that private savings are fixed at 15 percent of GDP. Also assume that net exports are zero. If the government’s deficit equals 5 percent of GDP, what percentage of GDP is investment?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 18, 2024 04:01 AM

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Suppose that private savings are fixed at 15 percent of GDP. Also assume that net exports are

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Investment plus the ...View the full answer

Economics Barrons Business Review Series

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