In a small, closed economy, national income (GDP) is $400.00 million for the current month. Individuals have spent $150.00 million on the consumption of goods and services. They have paid a total of $200.00 million in taxes, and the government has spent $150.00 million on goods and services this month. Use this information and the national income identity to answer the questions. How much is spent on investment in this economy
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In a small, closed economy, national income (GDP) is $400.00 million for the current month. Individu...
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