The Table Below Shows Aggregate Values for a Hypothetical Economy

question 119

Multiple Choice

The table below shows aggregate values for a hypothetical economy.Suppose that this economy has real GDP equal to potential output.
TABLE 25-2
-Refer to Table 25-2.What is the level of private saving for this economy?

• A)$50
• B)$100
• C)$150
• D)$400
• E)$450

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Definitions:

Real Defense

Legitimate legal reasons that can be used to avoid the enforcement of a contract or negate an obligation.

Obligated

Required by a legal or moral duty to do something or responsible for an action.

Overdue

Overdue signifies being past the time or date by which a task, obligation, or payment was due to be completed or made.

Principal

In finance, the original sum of money borrowed or invested, excluding any interest or dividends. In law, the primary party who authorizes another (the agent) to act on their behalf.