In a Closed Economy,national Saving Equals

question 95

Multiple Choice

In a closed economy,national saving equals

• A)investment.
• B)income minus the sum of consumption and government purchases.
• C)private saving plus public saving.
• D)All of the above are correct.

---

Definitions:

Cube Root

The number that produces a given number when cubed, essentially the cube root of a number is a value that, when multiplied by itself three times, gives the original number.

Pendulum Period

The time it takes for a pendulum to complete one full swing back and forth, depending on its length and the acceleration due to gravity.

Complete Cycle

A full sequence of events or stages that returns to the starting point.

Radical Equation

An equation in which the variable is contained inside a radical symbol or has a rational exponent.