Use the Following to Answer Questions

question 29

Multiple Choice

Use the following to answer questions :
Scenario: Open Economy S = I
In an open economy GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes are $0.5 trillion. Exports are $1 trillion, and imports are $3 trillion.
-(Scenario: Open Economy S = I) Look at the scenario Open Economy S = I. How much is private saving?

• A)$4 trillion
• B)$2.5 trillion
• C)$3.5 trillion
• D)$1.5 trillion

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Definitions:

Networking Activities

The process of interacting with others to exchange information and develop professional or social contacts.

Career Success

Career Success is the achievement of personal work goals and objectives through professional development, recognition, and advancement.

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the organization or individuals within it.

Forming Alliances

The act of creating partnerships or collaborations between individuals, groups, or organizations to achieve common goals.