Business, 10.08.2021 21:20 treytonmesser

In a small, closed economy, national income (GDP) is $600 million for the current year. Individuals have spent $250 million on the consumption of goods and services. They have paid a total of $100 million in taxes and the government has spent $200 million on goods and services this year. Based on this information and the national income identity, this economy spends million dollars on investment.

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In a small, closed economy, national income (GDP) is $600 million for the current year. Individuals...