In the Long Run,if an Economy's Consumption Spending Is $5

question 153

Multiple Choice

In the long run,if an economy's consumption spending is $5 trillion,its planned investment is $2 trillion,government spending is $1 trillion,net tax revenue is $1 trillion,and household savings are $2 trillion,total output should be

• A) $3 trillion
• B) $5 trillion
• C) $7 trillion
• D) $8 trillion
• E) $11 trillion

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Definitions:

Conscious Marketing

A marketing approach that prioritizes ethical considerations, social responsibility, and the impact on all stakeholders, including the environment.

Socially Responsible

The commitment of individuals, groups, and businesses to act ethically and contribute to economic development while improving the quality of life of the workforce, their families, the local community, and society at large.

Ethically Responsible

Pertains to decisions and actions guided by moral principles, focusing on doing what is right and beneficial for society and the environment.

Beverage Company

A business that produces drinks, which can include soft drinks, juices, bottled water, and alcoholic beverages, for consumer consumption.