In a Closed Economy, What Remains After Paying for Consumption

question 92

Multiple Choice

In a closed economy, what remains after paying for consumption and government purchases?

• A) national disposable income
• B) national saving
• C) public saving
• D) private saving

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Definitions:

Convicted

The legal finding that an individual is guilty of a criminal offense by a jury or judge.

Appeal

A legal process by which a higher court is asked to review the decision of a lower court.

Not Guilty

A legal declaration by the court that a person accused of a crime did not commit it or has been exonerated of the charges.

Error In Trial

A mistake made during a courtroom trial that is significant enough to potentially affect the trial's outcome, warranting a review or appeal.