Actual Investment Is $62 Billion at an Equilibrium Output Level

question 112

Multiple Choice

Actual investment is $62 billion at an equilibrium output level of $620 billion in a private closed economy.The average propensity to save at this level of output is:

• A) 0.10.
• B) 10.0.
• C) 0.62.
• D) 0.84.

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Cascade Down

A process or method where information, decisions, or policies are passed down through a hierarchy from higher to lower levels.

Organisational Units

Organisational units are the structured subgroups within a larger corporation or entity, designed to perform specific functions or tasks in alignment with the organization's objectives.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization by monitoring performance against strategic goals.