Given the following data for StewieLand, a closed economy in 2012…

real gdp = $20,000

public savings = $1,000

consumption = $11,000

tax revenue collected = $4,000

Solve for private savings, government expenditures, and investment.

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real gdp = $20,000

public savings = $1,000

consumption = $11,000

tax revenue collected = $4,000

Solve for private savings, government expenditures, and investment.

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