60. Suppose that in a closed economy GDP is $10,000, consumption is $6,500, and taxes are $2,000. What value of government expenditures would make national saving equal $1,500? (A) $3,000. (B) $7,000. (C) $9,000. (D) $2,000.

60. Suppose that in a closed economy GDP is $10,000, consumption is $6,500, and taxes are $2,000. What value of government expenditures would make national saving equal $1,500? (A) $3,000. (B) $7,000. (C) $9,000. (D) $2,000.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

60. Suppose that in a closed economy GDP is $10,000, consumption is $6,500, and taxes
are $2,000. What value of government expenditures would make national saving equal
$1,500?
(A) $3,000.
(B) $7,000.
(C) $9,000.
(D) $2,000.

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