National savings in a closed economy is all of the following EXCEPT:
A) the sum of private savings plus the government budget balance.
B) the total savings in the economy.
C) GDP - C - G.
D) government spending minus consumption.
Correct Answer:
Verified
Q19: Use the following to answer questions:
Scenario: Closed
Q19: The budget balance equals:
A) taxes plus government
Q20: Physical capital is purchased through investment spending,
Q22: Use the following to answer questions :
Scenario:
Q22: In an open economy, total investment equals:
A)
Q24: In a closed economy, all investment spending
Q25: The savings-investment spending identity says that:
A) each
Q27: Use the following to answer questions :
Scenario:
Q28: In a closed economy, the savings-investment spending
Q30: National savings is the sum of private
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