A Country Has Output of $600 Billion,consumption of $350 Billion,government

question 15

Multiple Choice

A country has output of $600 billion,consumption of $350 billion,government expenditures of $90 billion and investment of $60 billion.What is its supply of loanable funds?

• A)$160 billion
• B)$150 billion
• C)$60 billion
• D)$30 billion

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Definitions:

Absentmindedness

A state of preoccupation where one is so lost in thought that they become unaware of their immediate surroundings or actions.

Shallow Encoding

The process of encoding memory based on superficial features like the sound or appearance of words rather than their meanings.

Proactive Interference

The difficulty in learning new information because of the interference of existing similar knowledge or memories.

Retroactive Interference

A phenomenon where newly acquired information interferes with the retention of previously learned information.