If the Saving Rate in an Economy Is 30 Percent

question 160

Multiple Choice

If the saving rate in an economy is 30 percent and the level of investment in the economy is $400,the GDP of the economy must be ________.

• A) $1,111.22
• B) $1,333.33
• C) $1,750.50
• D) $1,900.25

---

Definitions:

Copyright Act

Legislation that protects the rights of creators by providing them exclusive rights to their original works, preventing unauthorized use or distribution.

Statutory Damages

Predetermined sums of money that a person can be ordered to pay for infringing upon certain laws, regardless of actual damages.

Enhanced Injunction

A judicial order that imposes additional requirements or stipulations beyond a standard injunction, often used to address complex or ongoing issues.

Federal Court Of Appeal

A high-level court that reviews decisions made by lower courts, focusing on the interpretation and application of federal law.