The Following Information Is for a Private Closed Economy,where I_g

question 50

Multiple Choice

The following information is for a private closed economy,where I_g is gross investment,S is saving,and Y is gross domestic product (GDP) .
I_g = 80
S = -80 + .4Y
-Refer to the above information.In equilibrium,saving will be:

• A) $40
• B) $120
• C) $60
• D) $80

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Definitions:

Social Insects

Insects that live in organized colonies and exhibit complex behaviors such as division of labor, cooperation, and the ability to solve problems as a collective.

Pheromones

Substances created and emitted by an animal into the surroundings that influence the behavior or physical state of other members of its species.

Chemical Signals

Molecules released by organisms to communicate with each other, influencing behavior, physiology, or development.

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The flowing blood within the circulatory system of a body, responsible for transporting oxygen, nutrients, and wastes to and from cells.