In a closed economy, national savings will be:
A) lower than private savings if the government runs a deficit.
B) higher than private savings if the government runs a deficit.
C) lower than private savings if the government runs a surplus.
D) equal to private savings if the government runs a deficit.
Correct Answer:
Verified
Q161: An economy that interacts with other economies
Q162: In an economy without government or trade,
Q164: A capital outflow occurs when:
A) money saved
Q165: If income is equal to total spending,
Q166: Net capital outflow measures how many capital
Q167: A closed economy is an economy that:
A)
Q168: A net capital inflow occurs in open
Q168: In a closed economy, national savings is:
A)
Q169: A capital inflow occurs when:
A) money saved
Q170: For an open economy, national savings can
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