Consider an economy described by the following equations: Y=C + I +G Y=7,000 G=4000 T=2,000 C=150+0.75(Y-T) I=1,000-50r In this economy, compute private saving, public saving and national saving

Economics (MindTap Course List)
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Chapter9: Classical Macroeconomics And The Self Regulating Economy
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Consider an economy described by the following equations:
Y=C + I +G
Y=7,000
G=4000
T=2,000
C=150+0.75(Y-T)
I=1,000-50r
In this economy, compute private saving, public saving and national saving

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