Suppose That in a Closed Economy GDP Is 11,000,consumption Is

question 65

Multiple Choice

Suppose that in a closed economy GDP is 11,000,consumption is 7,500,and taxes are 500.What value of government purchases would make national savings equal to 2,000 and at that value would the government have a deficit or surplus?

• A)1,500,deficit
• B)1,500,surplus
• C)1,000,deficit
• D)1,000,surplus

Explain the role of ion channels and ion pumps in neuron functions.

Understand the conditions under which action potentials are generated.

Recognize the importance of experimental models in neuroscience research.

Understand the basic principles of action potentials and their all-or-none law.

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Definitions:

Entire Economy

The entire economy refers to the sum total of all economic activities and interactions within a country or region.

Scientific Method

The procedure for the systematic pursuit of knowledge involving the observation of facts and the formulation and testing of hypotheses to obtain theories, principles, and laws.

Economists

Professionals who study and analyze economies, including their production, distribution, and consumption of goods and services.

Hypotheses

Proposed explanations made on the basis of limited evidence as a starting point for further investigation.