National Saving Equals

question 64

Multiple Choice

National saving equals

• A)private saving - net taxes.
• B)government saving.
• C)private saving + private wealth.
• D)investment.
• E)private saving + government saving.

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Definitions:

Quantity Supplied

The total amount of a product that producers are willing and able to sell at a given price point, at a specific time.

Price Rises

A general increase in the cost of goods and services in an economy, often indicating inflationary pressures.

Ration

The controlled distribution of scarce resources, goods, or services, often during shortages or in wartime.

Surplus

The situation in which the quantity supplied of a product exceeds the quantity demanded at a given price.