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What Is Investment in a Closed Economy If You Have

Question 59
Multiple Choice

What is investment in a closed economy if you have the following economic data? Y = $10 trillion C = $5 trillion TR = $2 trillion G = $2 trillion A) $2 trillion B) $3 trillion C) $5 trillion D) cannot be determined without information on taxes (T)

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Q 60
There is a government budget surplus if A) T - TR > G. B) G > T. C) G > TR. D) TR < T.
Q 61
If government saving is negative,then A) T > TR. B) G > T. C) T - TR < G. D) Y + TR < C - T.
Q 62
When the government runs a budget deficit,we would expect to see that A) private saving will fall. B) investment will fall. C) G + TR < T. D) public saving is positive.
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