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Question: question 4 1 point which of the following conditions must...

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Question 4 (1 point) Which of the following conditions must be satisfied in a closed economy? )Private saving equals investment. 2) There is no government spending or taxes 3) Exports equal imnports 4) Govemment spending equals taxes 5) Total saving equals investment Question 5 (1 point) Which of the following phrases would be used when defining GDP for a given period? 1) final goods and services purchased by domestic households 2) final and intermediate goods and services, plus raw materials fonal and intemood an 4) final and intermediate goods and services produced by the private sector only 5) final goods and services produced within the borders of a country
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