Consider a Closed Economy (With No Foreign Trade) A)R220 Billion
B)R250 Billion
C)R270 Billion
D)R300 Billion

question 12

Multiple Choice

Consider a closed economy (with no foreign trade) .Assuming the economy is in equilibrium, use the following information to determine the amount of funds supplied to the loanable funds market. $\begin{array}{ll}\text { Consumption Spending } & \text { R350 billior } \\\text { Net Taxes } & \text { R270 billior } \\\text { Household Saving } & \text { R250 billion } \\\text { Investment Spending } & \text { R220 billion } \\\text { Government Purchases } & \text { R300 billior }\end{array}$

• A)R220 billion
• B)R250 billion
• C)R270 billion
• D)R300 billion

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Definitions:

Employment Patterns

The trends and shifts in how employment is structured in society, including job types, industry demands, and workforce distribution.

Flaming Heart

Symbolically represents intense passion or a burning love, often used in art and literature to depict strong emotions.

Self-Confidence

A belief in oneself that gives inner strength to overcome difficult tasks; a leadership quality that raises the trust and confidence of followers and increases their ability to perform.

Natural Talent

Inherent abilities or aptitudes that an individual possesses, which can give them an advantage in certain areas or activities.