Suppose a closed economy has an aggregate savings equal to 200 and intended investment equal to 500.

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By how much must the government be in surplus? (round your answer to the nearest whole value)

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Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

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Posted Date: Jan 26, 2024 09:12 AM

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Suppose a closed economy has an aggregate savings equal to 200 and intended investment equal to 500.

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In a closed economy the sum of savings and taxes equals inves... View the full answer

Economics Today The Macro View

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