In a small closed economy investment is $20 billion and private saving is $22 billion.What are public saving and national saving?
A) $24 billion and $2 billion
B) $20 billion and -$2 billion
C) $2 billion and $24 billion
D) -$2 billion and $20 billion
Correct Answer:
Verified
Q9: The identity that shows that total income
Q10: The purchase of a new house is
Q18: Y = C + I + G
Q19: Which of the following equations will always
Q29: In a closed economy,national saving equals
A)investment.
B)income minus
Q30: Which of the following expressions must be
Q33: Which of the following equations represents GDP
Q40: Which of the following equations represents GDP
Q201: Suppose that in a closed economy GDP
Q217: Suppose that in a closed economy GDP
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents