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Business, 22.07.2019 17:20 jacobmacalpine

In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows: y = $12 trillion c = $9 trillion i = $3 trillion tr = $2 trillion t = $3 trillion using the information above, what is the value of private saving and public saving? a. private saving = $1 trillion and public saving = $2 trillion. b. private saving = $3 trillion and public saving = $9 trillion. c. private saving = $2 trillion and public saving = $1 trillion. d. private saving = $9 trillion and public saving = $3 trillion.

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