The Network Diagram Below Shows the Five Tasks Required to Complete

question 4

Multiple Choice

The network diagram below shows the five tasks required to complete a project and the associated times for those tasks. Which of the following identifies the critical path tasks?

• A)A, B, D, F
• B)A, B, C, D, E, F
• C)A, B, E, F
• D)A, C, E, F

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Definitions:

National Saving

The total amount of savings in a country, which is comprised of both private savings by households and the savings of the government, representing the difference between a nation’s income and consumption.

Open Economy

An economy that allows for trading and financial transactions with other countries.

Investment

Refers to the purchase of goods that are not consumed today but are used in the future to create wealth, such as purchasing machinery for a factory.

Net Capital Outflow

The difference between domestic residents’ investments abroad and foreigners’ investments in the domestic economy.