Consider the following closed economy (i.e., one that does not trade with the rest of the world). Real GDP Consumption Government Expenditures Taxes Transfers 1,000 759 127 195 78 Based on this information, what was investment? Round to two decimal places, enter the negative sign if appropriate, and do not enter a currency symbol. If your answer is $1.125, enter 1.13.

Consider the following closed economy (i.e., one that does not trade with the rest of the world). Real GDP Consumption Government Expenditures Taxes Transfers 1,000 759 127 195 78 Based on this information, what was investment? Round to two decimal places, enter the negative sign if appropriate, and do not enter a currency symbol. If your answer is $1.125, enter 1.13.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 2PA

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