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Business, 09.11.2019 06:31 waves2114

Consider the following data for a closed economy: y = $12 trillion c = $8 trillion g = $2 trillion spublic = $negative 0.50 trillion t = $2 trillion now suppose that government purchases increase from $2 trillion to $2.50 trillion but the values of y and c are unchanged. what must happen to the values of s and i? a. s and i increase by $0.50 trillion. b. s and i drop by $0.50 trillion. your answer is correct. c. s drops by $0.50 trillion and i increases by $0.50 trillion. d. s increases by $0.50 trillion and i drops by $0.50 trillion.

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Consider the following data for a closed economy: y = $12 trillion c = $8 trillion g = $2 trillion...
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