Use the Following to Answer Questions

question 33

Multiple Choice

Use the following to answer questions :
Scenario: A Small Economy
Suppose there is no trade and no government in a small economy. GDP is $25 trillion, and consumption spending is $18 trillion this year.
-(Scenario: A Small Economy) Look at the scenario A Small Economy. There is a new government and it imposes taxes on its citizens to spend on infrastructure. Taxes and government spending are both $2 trillion. What is the level of investment spending now?

• A)$7 trillion
• B)$5 trillion
• C)$18 trillion
• D)-$4 trillion

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Definitions:

Entertainment Marketing

The practice of using entertainment media to promote products, services, or brands.

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The second generation of the World Wide Web, characterized by greater user interactivity and collaboration, more pervasive network connectivity, and enhanced communication channels.

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A set of rules or a step-by-step process designed to perform a task or solve a problem, commonly used in computing and mathematics.