From the peak of the housing bubble in q2 of 2006, to the trough in q1 of 2009, the case-shiller housing price index fell by just over u. s. stock prices (as proxied by the djia) fell by from october 2007 to march 2009.

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In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?