In an Economy with Three Sectors (Household, Business, and Government)

question 268

Multiple Choice

In an economy with three sectors (household, business, and government) , government spending is $5 billion, taxes are $4 billion, and investment is $4 billion. If the economy is in equilibrium, then saving is

• A) $1 billion.
• B) $4 billion.
• C) $5 billion.
• D) $9 billion.

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Definitions:

Viral Pneumonia

An inflammation of the lungs caused by infection with a virus, resulting in difficulty breathing and other respiratory symptoms.

T Lymphocytes

A type of white blood cell integral to the immune system, playing a key role in the body's defense against pathogens by recognizing and attacking infected cells.

Cancer Cells

Cancer cells are cells that grow uncontrollably, divide without stopping and can spread to other parts of the body, disrupting normal bodily functions.

Macrophage

A form of white blood cell which performs the action of engulfing and digesting cellular remnants, alien substances, bacteria, and tumor cells via a process termed phagocytosis.