Consider the following closed economy (i.e., one that does not trade with the rest of the world). Real GDP Consumption Government Expenditures Taxes Transfers 1,000 759 127 195 78 Based on this information, what was investment? Round to two decimal places, enter the negative sign if appropriate, and do not enter a currency symbol. If your answer is $1.125, enter 1.13.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter26: Monetary Policy
Section: Chapter Questions
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Consider the following closed economy (i.e., one that does not trade with the rest of the world).
Real GDP
Consumption
Government Expenditures
Taxes
Transfers
1,000
759
127
195
78
Based on this information, what was investment?
Round to two decimal places, enter the negative sign if appropriate, and do not enter a currency symbol. If your
answer is $1.125, enter 1.13.
Transcribed Image Text:Consider the following closed economy (i.e., one that does not trade with the rest of the world). Real GDP Consumption Government Expenditures Taxes Transfers 1,000 759 127 195 78 Based on this information, what was investment? Round to two decimal places, enter the negative sign if appropriate, and do not enter a currency symbol. If your answer is $1.125, enter 1.13.
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