Which of the Following Statements Is Correct

question 70

Multiple Choice

Which of the following statements is correct?

• A)The total income in the economy that remains after paying for consumption and government purchases is called private saving.
• B)The sum of private saving and national saving is called public saving.
• C)For a closed economy,the sum of private saving and public saving must equal investment.
• D)For a closed economy,the sum of consumption,national saving,and taxes must equal GDP.

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Definitions:

EPAS

stands for the Educational Policy and Accreditation Standards, which guide social work education and ensure quality.

Core Competencies

are essential skills or abilities that a person or organization needs in order to successfully perform their tasks or roles.

Multiple Personality Disorder

Now referred to as Dissociative Identity Disorder, a mental condition characterized by the presence of two or more distinct personality states.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating from those accepted by the individual's culture.