If Real GDP in a Closed Economy Is $40 Billion,consumption

question 239

Multiple Choice

If real GDP in a closed economy is $40 billion,consumption is $20 billion,and government purchases are $10 billion,what is investment?

• A)$10 billion
• B)$30 billion
• C)$40 billion
• D)$70 billion

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Definitions:

Intended Strategies

These are strategies that an organization plans and decides to implement in order to achieve specific goals or objectives.

Organizational Planning

The process of setting goals and defining the steps needed to achieve them within an organization.

Emergent Strategy

A strategy that arises in the absence of an intentional course of action, developing through patterns in the organization's decisions over time.

Broad Guidelines

General instructions or principles that provide direction to action or behavior.