Suppose in a closed economy, investment is equal to 3 is 6 trillion dollars, government purchases are 4 trillion dollars, and there is a 3 trillion dollar deficit. Calculate taxes. Express your answer in trillions of dollars (so 0.000.000.000.000 would be written as "2")

Suppose in a closed economy, investment is equal to 3 is 6 trillion dollars, government purchases are 4 trillion dollars, and there is a 3 trillion dollar deficit. Calculate taxes. Express your answer in trillions of dollars (so 0.000.000.000.000 would be written as "2")

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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