In a closed economy,private saving,
,is equal to
A) I - (G - T) .
B) I + (G - T) .
C) I + (G + T) .
D) I - (G + T) .
E) I + (G - T) + C.
Correct Answer:
Verified
Q21: Government purchases are defined as
A) only goods
Q23: Disposable income is National income
A) less taxes
Q23: Over the 1980s
A) there is no question
Q24: In 1929, government purchases accounted for
A) only
Q27: Government transfer payments like social security and
Q28: In a closed economy, national saving
A) sometimes
Q33: Which one of the following expressions is
Q36: A closed economy
A) can save either by
Q38: In an open economy,private saving, 
Q39: A country's current account
A) balance equals the
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