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Given the following data, GNP $14,000, Consumption $7,200, Investment $1,200, Government purchases-$1,200, Tax collections = $1,400 1. What is the value of total savings (S)? 2. What is the value of the current account balance?

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Answer #1

14000-7200市1.200 S= 5600 CAS-I 5600-1200

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