(Choose 1 answer)
(17851)For a closed economy, GDP is $11 trillion, consumption is $7 trillion, taxes are $2 trillion and the government runs a deficit of $1 trillion. What are private saving and national saving?
A. $4 trillion and $1 trillion, respectively
B. $4 trillion and $-1 trillion, respectively
C. $2 trillion and $1 trillion, respectively
D. $2 trillion and $-1 trillion, respectively
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Exit 36
