If, for an Imaginary Closed Economy, Investment Amounts to $12,000

question 51

True/False

If, for an imaginary closed economy, investment amounts to $12,000 and the government is running a $2,000 deficit, then private saving must amount to $10,000.

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Definitions:

Aversive Conditioning

A form of behavior modification that involves associating an unwanted behavior with an unpleasant stimulus to reduce the behavior's occurrence.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses and anxieties by gradual exposure to the feared object or situation.

Cognitive Therapy

A form of psychotherapy that emphasizes the importance of modifying dysfunctional thoughts and beliefs to improve emotional and behavioral outcomes.

Test Beliefs

Ideas or assumptions that are evaluated or verified through the process of testing or experimentation.