Under Which of the Following Circumstances Would Private Saving Be

question 194

Multiple Choice

Under which of the following circumstances would private saving be positive in a closed economy?

• A) Y = $10 trillion C = $5 trillion
• TR = $2 trillion
• G = $2 trillion
• Public saving = $1 trillion
• B) Y = $9 trillion C = $5 trillion
• TR = $1 trillion
• G = $1 trillion
• Public saving = $3 trillion
• C) Y = $8 trillion C = $2 trillion
• TR = $4 trillion
• G = $2 trillion
• Public saving = $4 trillion
• D) Y = $6 trillion C = $2 trillion
• TR = $8 trillion
• G = $3 trillion
• Public saving = $1 trillion

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Definitions:

Defense Mechanism

A psychological strategy used unconsciously by individuals to protect themselves from anxiety or to avoid facing unacceptable thoughts or feelings.

Self-Concept

An individual's understanding and evaluation of their own abilities, traits, and characteristics; the mental image one has of oneself.

Jack Gibb

Psychologist known for his contributions to understanding group dynamics, particularly related to trust and defensiveness in communication.

Defensiveness

A psychological reaction that occurs when an individual feels threatened or anticipates a threat, leading to behaviors to protect oneself from perceived criticism or harm.