The Following Information Is for a Private Closed Economy,where I_g

question 50

Multiple Choice

The following information is for a private closed economy,where I_g is gross investment,S is saving,and Y is gross domestic product (GDP) .
I_g = 80
S = -80 + .4Y
-Refer to the above information.In equilibrium,saving will be:

• A) $40
• B) $120
• C) $60
• D) $80

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