Consider a Closed Economy in Which Consumption Is Represented by

question 11

Multiple Choice

Consider a closed economy in which consumption is represented by

• A) GDP equals $5,556, consumption equals $3,756, and the government runs a surplus of $1,111.
• B) GDP equals $5,556, disposable income equals $4,444, and private saving of $889 equals investment.
• C) GDP equals $5,556, disposable income equals $4,444, and private saving of $889 net of the government deficit of $1,111 equals investment.
• D) GDP equals $5,556, consumption equals $3,756, but investment exceeds total saving.
• E) none of the above.

---

Definitions:

Citizenship Behavior

Voluntary actions by employees that contribute to the organization's well-being but are not explicitly recognized by the formal reward system.

Display Rule

Cultural norms that dictate how emotions should be expressed or suppressed in social settings.

Emotion

A complex psychological state involving an individual's physiological arousal, expressive behaviors, and conscious experience.

Citizenship Behavior

Voluntary and discretionary actions performed by employees that are not part of their formal job requirements but contribute to the organization's success.