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

question 28

Multiple Choice

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

• A)$2 billion.
• B)$10 billion.
• C)$14 billion.
• D)$16 billion.

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Definitions:

Morale

The confidence, enthusiasm, and discipline of a person or group at a particular time.

Contingency Theory

A leadership theory that suggests the effectiveness of a leader's style is contingent on the context and task at hand.

Situation Favorability

The degree to which circumstances or conditions are beneficial or advantageous for a specific purpose or action.

Position Power

The authority and influence a person holds in an organization by virtue of the position they occupy.