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Consider the following data for a closed economyY =$13trillio.pdf

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Consider the following data for a closed economy: Y = $13 trillion C = $9 trillion G = $2 trillion Spublic = $0.5 trillion T = $3 trillion Use the data to calculate the following: (Enter your responses rounded to one decimal place.) Part 2 a. Private saving is: $enter your response here trillion. Part 3 b. Investment spending is: $enter your response here trillion. Part 4 c. Transfer payments are: $enter your response here trillion. Part 5 d. The government budget balance is: $enter your response here trillion and as a result the government budget is in surplus deficit ..

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Consider the following data for a closed economy: Y = $13 trillion C = $9 trillion G = $2 trillion Spublic = $0.5 trillion T = $3 trillion Use the data to calculate the following: (Enter your responses rounded to one decimal place.) Part 2 a. Private saving is: $enter your response here trillion. Part 3 b. Investment spending is: $enter your response here trillion. Part 4 c. Transfer payments are: $enter your response here trillion. Part 5 d. The government budget balance is:
$enter your response here trillion and as a result the government budget is in surplus deficit .

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  • 2. $enter your response here trillion and as a result the government budget is in surplus deficit .