Suppose a Closed Economy Had Public Saving of −$1 Trillion

question 74

Multiple Choice

Suppose a closed economy had public saving of −$1 trillion and private saving of $17 trillion. What are national saving and investment for this country?

• A)$16 trillion, $16 trillion
• B)$16 trillion, $18 trillion
• C)$18 trillion, $16 trillion
• D)$18 trillion, $18 trillion

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Definitions:

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