National savings in a closed economy is NOT:
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
Q33: In an open economy, GDP is $12
Q34: In an open economy, GDP is $12
Q35: The government saves when it:
A) has a
Q36: In a closed economy government spending was
Q37: The savings-investment spending identity says that savings
Q39: In an open economy, GDP is $12
Q40: In a closed economy, national savings equals
Q41: Assume that I = SPrivate + SGovernment
Q42: Which statement is CORRECT?
A) The budget deficit
Q43: Capital inflow equals:
A) GDP plus exports minus
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