Examlex
In a PERT/CPM chart the lag time represents _____.
National Saving
The total amount of saving in a country, equal to the sum of private and public saving, representing the national income not spent on consumption or government expenditure.
Public Saving
The portion of a government's budget surplus, which is the difference between tax revenues and government spending.
Private Saving
Private saving is the portion of households' and businesses' income that is not spent on consumption or taxes, typically saved for future investment or consumption.
Closed Economy
An economy that does not interact with other economies in the world
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