The Country of Hykania Does Not Trade with Any Other

question 81

Multiple Choice

The country of Hykania does not trade with any other country. Its GDP is $20 billion. Its government purchases $3 billion worth of goods and services each year, collects $3 billion in taxes, and provides $2 billion in transfer payments to households. Private saving in Hyrkania is $4 billion. What is investment in Hyrkania?

• A)$4 billion
• B)$3 billion
• C)$2 billion
• D)There is not enough information to answer the question.

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