In a Closed Economy, National Saving

question 44

Multiple Choice

In a closed economy, national saving

• A) sometimes equals investment.
• B) always equals investment.
• C) is always less than investment.
• D) is always more than investment.
• E) is never equal to investment.

---

Definitions:

Normal Model

A type of statistical distribution that is symmetric and describes how values are dispersed or spread around the mean.

Standard Deviations

Standard deviations measure the amount of variation or dispersion of a set of values from their mean, indicating how spread out the data points are.

Random Variable

A variable whose values are outcomes of a random phenomenon and are subject to variability.

Standard Deviation

A measure of the dispersion or variability in a dataset, indicating how much the individual data points differ from the mean.