You are given the following information about the open economy of Macroland for 2014: - GDP $100 billion - Consumption $70 billion - Tax revenues $15 billion - Transfer payments $8 billion - Government spending $20 billion - Exports $10 billion - Imports $12 billion a. What is the level of investment spending in Macroland in 2014

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Explanation:

u = 30

continuing your method

= +

subtract from both sides

= - thus

= -

= ⇒ u = 30