In a closed economy,public saving plus private saving is equal to

Question

Quizplus · Accepted Answer

In a closed economy, savings can be divided into private and public savings. Private saving is the portion of disposable income that households save, while public saving is the difference between government tax revenue and government spending. The sum of private and public savings equals national saving, which is equal to investment in a closed economy. Therefore, the correct answer is A, investment.

In a Closed Economy,public Saving Plus Private Saving Is Equal