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Consider an economy described as follows:

Y=C+I+G.Y=8,000.G=2,500.T=2,000.C=1,000+2/3(YT).I=1,200100r.\begin{array}{l}{Y=C+I+G.} \\ {Y=8,000.} \\ {G=2,500.} \\ {T=2,000.} \\ {C=1,000+2 / 3(Y-T).} \\ {I=1,200-100 r.}\end{array}

In this economy, compute private saving, public saving, and national saving.

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The economy is described as,

Y=C+I+GY = C + I + G

Y=8,000Y = 8,000

G=2,500G = 2,500

T=2,000T = 2,000

C=1,000+23(YT)C = 1,000 + \dfrac{2}{3}\left(Y - T \right)

I=1,200100rI = 1,200 - 100r

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