Which of the Following Equations Is a Correct Expression for National

question 24

Multiple Choice

Which of the following equations is a correct expression for national saving in the long run when real GDP equals potential output?

• A)NS = Y* - C - G
• B)NS = Y* - C + T - G
• C)NS = Y* - T - C
• D)NS = T - G
• E)NS = T - G - C

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The necessity for a formal, signed acknowledgment or agreement, often for legal or official purposes.

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The quality of a document, particularly a financial instrument, that allows it to be transferred or assigned freely from one party to another.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or a bond, and has the right to collect the value of the instrument.

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.