Suppose Desired Consumption Is $10 Billion and Desired Investment Is

question 67

Multiple Choice

Suppose desired consumption is $10 billion and desired investment is $3 billion.If GDP is $25 billion and government purchases are $2 billion,the desired national saving is

• A)$12 billion.
• B)$15 billion.
• C)$14 billion.
• D)$13 billion.

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Definitions:

Latin American Countries

Nations in the Americas where Romance languages (primarily Spanish and Portuguese, along with French) are predominantly spoken, rich in diverse cultures and histories.

Run-Away Slaves

enslaved individuals who escaped from their enslavers in pursuit of freedom, especially prevalent in the United States before the Civil War.

Seminole Indians

A Native American tribe originally from Florida, known for their resistance against US forces during the Seminole Wars.

White Settlers

Refers to Europeans who settled in non-European lands, often associated with colonization and the displacement of indigenous populations.