Consider a closed economy. What remains after paying for consumption and government purchases is
A)national disposable income.
B)national saving.
C)public saving.
D)private saving.

Question

Quizplus · Accepted Answer

In a closed economy, what remains after paying for consumption and government purchases is national saving. National saving is the portion of national income that is not used for consumption or government purchases and is available for investment.

Consider a Closed Economy