If the Public Consumes R₁00 Billion Less and the Government

question 27

Multiple Choice

If the public consumes r₁00 billion less and the government purchases r₁00 billion more (other things unchanging) , which of the following statement is true?

• A)Saving is unchanged.
• B)There is an increase in saving and the economy should grow more quickly.
• C)There is a decrease in saving and the economy should grow more slowly.
• D)There is not enough information to determine what will happen to saving.

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Definitions:

Long-term Goals

Objectives or targets that an organization or individual aims to achieve over an extended period, usually beyond one year.

Modern Strategy-making

A contemporary approach to creating and implementing strategies in businesses or organisations, focusing on adaptability, innovation, and incorporating technological advancements.

Organic Approach

A method or philosophy that emphasizes natural growth and evolution in organizational development or problem-solving processes.

Synergy

The combined effort or working together of two or more groups, chemicals, or contributors resulting in an overall effect that exceeds the aggregate of their individual effects.