Where Y Is GDP, C Is Consumption, I Is Investment

question 152

Multiple Choice

Where Y is GDP, C is consumption, I is investment, G is government purchases, T is net taxes, and there is no international trade, private saving equals:

• A) C + I + G - T.
• B) Y - T - C.
• C) Y -T - G.
• D) Y - C - I.

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Definitions:

Unsafe Products

Goods that pose potential risks to consumers due to manufacturing defects, design faults, or the lack of proper warnings and instructions.

Workers

Individuals who are employed to perform specific duties or labor in exchange for compensation.

Steal

The act of taking something without permission or legal right and with the intention to keep it permanently.

Employers

Individuals or organizations that hire and pay people for their work.