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

question 45

Multiple Choice

Suppose output is $35 billion,government purchases are $10 billion,desired consumption is $15 billion,and desired investment is $6 billion.Net foreign lending would be equal to

• A)-$4 billion.
• B)-$2 billion.
• C)$2 billion.
• D)$4 billion.

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Definitions:

Strikes

A refusal to work organized by a body of employees as a form of protest, typically in an attempt to gain a concession from their employer.

Federal Legislation

Laws passed by the national government or Congress of a country, particularly referring to the United States, that apply to all states and citizens within the country.

Minorities

Demographic groups that are smaller in number compared to the majority of the population, often facing different social, economic, or political circumstances.

V-E Day

May 8, 1945, the day World War Ⅱ officially ended in Europe.