In a Closed Economy with Fixed Output, When Government Spending

question 171

Multiple Choice

In a closed economy with fixed output, when government spending increases:

• A) private saving decreases.
• B) private saving increases.
• C) public saving decreases.
• D) public saving increases.

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Definitions:

ArrayList Class

A resizable array implementation in Java, part of the Collection framework, providing methods to manipulate array sizes and contents dynamically.

Import Package

A statement used in programming languages like Java to bring into the current namespace a collection of classes and interfaces from a library.

Java.Util

A package in Java that contains classes for data handling and manipulation, such as collections framework, legacy collection classes, event model, date and time facilities, and miscellaneous utility classes.

Disadvantages

The negative aspects or drawbacks associated with a particular choice, method, or system.