Use the Following to Answer Questions

question 109

Multiple Choice

Use the following to answer questions:
Scenario: Closed Economy S = I
GDP is $12 trillion this year in a closed economy. Consumption is $8 trillion and government spending is $2 trillion. Taxes are $0.5 trillion.
-(Scenario: Closed Economy S = I) Look at the scenario Closed Economy S = I. How much is investment spending?

• A)$3.5 trillion
• B)$3 trillion
• C)$2.5 trillion
• D)$2 trillion

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Definitions:

Crash Duration

The minimum time period needed to complete an activity or project phase by allocating the maximum resources.

Crash Cost

The additional costs associated with rushing or compressing a project schedule to complete it in the shortest time possible.

CPM Network

Critical Path Method Network, a project management tool that helps in determining the longest path of planned tasks to the end of a project.

Normal Time

The average observed time, adjusted for pace.