The Demand for Output in a Closed Economy Is the Sum

question 69

Multiple Choice

The demand for output in a closed economy is the sum of:

• A) public saving and private saving.
• B) the quantity of capital and labor and production technology.
• C) consumption, investment, and government spending.
• D) government purchases and transfer payments minus tax receipts.

---

Definitions:

Selye's General Adaptation Syndrome

A model outlining the process the body undergoes when responding to stress, including the stages of alarm, resistance, and exhaustion, identified by endocrinologist Hans Selye.

Base Rate

The underlying or inherent rate or frequency of an event or attribute in a general population.

Calcium-Enhanced

Referring to products or processes that have been fortified with calcium, a vital mineral for bone health and biological functions.

Social Readjustment Rating Scale

A scale that measures stress levels based on life events and changes, helping to predict risk for stress-related health problems.