asked 186k views
1 vote
The country of Cedarland does not trade with any other country. Its GDP is $17 billion. Its government purchases $4 billion worth of goods and services each year, collects $6 billion in taxes, and provides $1 billion in transfer payments to households. Private saving in Cedarland is $4 billion. For Cedarland, Select one: a. investment is $5 billion and consumption is $8 billion. b. investment is $6 billion and consumption is $8 billion. c. investment is $6 billion and consumption is $9 billion. d. investment is $5 billion and consumption is $7 billion. Clear my choice Previous page

1 Answer

3 votes

Answer:

its A

Step-by-step explanation:

stan straykids

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User Lurianne
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