Scenario 26-1.Assume the following information for an imaginary,closed economy.
GDP = $100,000;taxes = $22,000;government purchases = $25,000;national
saving = $15,000.
-Refer to Scenario 26-1.For this economy,consumption amounts to
A)$68,000.
B)$38,000.
C)$53,000.
D)$60,000.

Question

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The Answer of Scenario 26-1.Assume the following information for an imaginary,closed economy.
GDP = $100,000;taxes = $22,000;government purchases = $25,000;national
saving = $15,000.
-Refer to Scenario 26-1.For this economy,consumption amounts to
A)$68,000.
B)$38,000.
C)$53,000.
D)$60,000.