Scenario 21-1 Consider the Following Data for a Closed Economy

question 81

Multiple Choice

Scenario 21-1

Consider the following data for a closed economy:

Y = $12 trillion
C = $8 trillion
I = $2 trillion
G = $2 trillion
TR = $2 trillion
T = $3 trillion

-Refer to Scenario 21-1. Based on the information above, what is the level of public saving?

• A) $0
• B) $1 trillion
• C) $2 trillion
• D) negative $1 trillion (a deficit of $1 trillion)

---

Definitions:

Orphan Records

Refers to data entries that do not have a corresponding entry in a related table, effectively lacking an existing parent record.

Validation Text Property

A feature in database and form design that defines the message displayed to users when entered data does not meet validation rules.

Table

A structured arrangement of data organized into rows and columns within a document or database.

Design View

A mode in software applications that allows users to layout or modify elements visually, without interacting with code directly.