In Which of the Following Situations for a Private Closed

question 117

Multiple Choice

In which of the following situations for a private closed economy will the level of GDP expand?

• A)when planned investment exceeds saving
• B)when planned investment exceeds consumption
• C)when saving exceeds consumption
• D)when consumption exceeds investment

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Definitions:

Proportions

A statistical measure that indicates the relative size of one number to another, often expressed as a fraction or percentage.

Student Attitude

The predispositions or tendencies of students towards learning, school activities, and education in general, which can influence their academic performance.

Dormitory Regulations

Rules and guidelines set by an institution to manage behavior and ensure the safety and well-being of students living in dormitory accommodation.

Expected Count

The predicted number of occurrences in a category for a statistical experiment based on probability theories.