Suppose Output Is $35 Billion,government Purchases Are $10 Billion,desired Consumption

question 7

Multiple Choice

Suppose output is $35 billion,government purchases are $10 billion,desired consumption is $15 billion,and desired investment is $6 billion.Absorption is equal to

• A)$25 billion.
• B)$31 billion.
• C)$35 billion.
• D)$39 billion.

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Definitions:

Music

Music is an art form and cultural activity involving the creation of sounds and rhythms in various styles and formats, used for entertainment, expression, and ceremonial purposes.

Novelty

The quality of being new, unique, or interesting.

Purchase Behavior

The decision-making process and actions of consumers regarding the buying of products or services.

Latin America

A region that includes countries in the Americas where Romance languages are spoken, primarily Spanish and Portuguese.