Cloclowat4431 Cloclowat4431

16-05-2023
Business

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Consider the following data for a closed economy: Y = $12 trillion
C = $8 trillion
I= $2 trillion
G = $2 trillion
TR = $2 trillion
T = $3 trillion

Refer to Scenario 10-1. Based on the information above, what is the level of private saving in the economy?

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