Scenario 26-3

question 68

Multiple Choice

Scenario 26-3.Assume the following information for an imaginary,open economy.
Consumption = $1,000;investment = $200;net exports = -$50;
taxes = $230;private saving = $225;and national saving = $150.
-Refer to Scenario 26-3.For this economy,GDP equals

• A)$1,480.
• B)$1,505.
• C)$1,460
• D)$1,455.

---

Definitions:

Global Environmental Security

Efforts and policies aimed at protecting the global environment to ensure the health and safety of the planet and its inhabitants.

Food Security

The state in which all people at all times have physical, social, and economic access to sufficient, safe, and nutritious food that meets their dietary needs and food preferences for an active and healthy life.

Economic Security

The condition of having stable income or resources to support a standard of living now and in the foreseeable future.

Environmental Protection Agencies

Governmental organizations tasked with the regulation and enforcement of laws governing environmental protection and conservation.