The Private Sector Surplus or Deficit Equals

question 529

Multiple Choice

The private sector surplus or deficit equals

• A) saving minus investment.
• B) investment minus saving.
• C) net taxes minus government purchases.
• D) government purchases minus net taxes.

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Definitions:

Railroad Corporations

Business entities that own, operate, or manage railroads, playing a crucial role in the development of transportation and economic expansion.

Federal Government

The national government of a federated state, which shares sovereignty with its constituent units and possesses powers specifically granted to it by a constitution.

Unions

Organizations formed by workers in various industries to protect and advance their interests by negotiating wages, work hours, and working conditions with employers.

Salvation Army

A Christian denominational church and international charitable organization known for its humanitarian aid work, including relief efforts for the poor and disaster victims.