Refer to the Diagram Below for a Private Closed Economy

question 150

Multiple Choice

Refer to the diagram below for a private closed economy. At income level D:

• A) planned investment is GH.
• B) unplanned investment is GH.
• C) unplanned disinvestment is GH.
• D) saving equals planned investment.

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Definitions:

Consumer Ethics

The moral principles and standards that guide the behavior of individuals as consumers in the marketplace.

Unethical Acts

Behaviors or actions that violate moral or professional principles, often leading to negative consequences for individuals or organizations involved.

Economic Need

A requirement deemed necessary for economic stability or growth within a society or individual.

Shoplift

The act of stealing goods from a store by concealing them without paying for them, considered a form of retail theft.