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Assume the following information for an imaginary, closed economy. GDP = $100,000; taxes = $22,000; government purchases = $25,000; national saving = $15,000. gFor this economy, investment amounts to a. $38,000 b. 18,000 c. 12,000 d. $15,000.

Answer :

Answer:

$38,000

Explanation:

Using the expenditure approach for calculating GDP, we can calculate the investment since GDO is already known.

GDP in this case = investment + national saving + taxes + government spending

Investment = 100,000-22,000-25,000-15,000 = $38,000

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