The Country of Growpaw Does Not Trade with Any Other

question 442

Multiple Choice

The country of Growpaw does not trade with any other country. Its GDP is $20 billion. Its government purchases $3 billion worth of goods and services each year, collects $6 billion in taxes, and provides $2 billion in transfer payments to households. Private saving in Growpaw is $4 billion. What is investment in Growpaw?

• A)$5 billion
• B)$4 billion
• C)$3 billion
• D)$2 billion

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Definitions:

Workplace

A place where people engage in physical or mental activities to produce goods or provide services in exchange for compensation.

Prohibiting

The act of formally forbidding something by law, rule, or other authority.

Religious Celebrations

Events, festivals, or ceremonies conducted in honor of a deity, religious figure, or specific spiritual belief.

Inclusive

Embracing and providing equal access and opportunities to everyone irrespective of their background, abilities, or differences.