The ___ Was Established in 1999 to Bring Together Important

question 34

Multiple Choice

The ___ was established in 1999 to bring together important industrialized and developing economies to discuss key issues in the global economy.

• A)G-20
• B)G-7
• C)G-77
• D)WTO

---

Definitions:

Savings Exceeds Investment

Describes a situation in which the amount of income saved by individuals or entities surpasses the amount being invested, which can indicate caution or a lack of attractive investment opportunities.

Keynes

John Maynard Keynes was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on fiscal policies of governments.

Demand

The desire and ability of consumers to purchase goods or services at a given price.

Unemployment

The state of being without a job despite actively looking for work, used as an indicator of the health of the economy.