In Which of the Following Ways Can National Savings Be

question 75

Multiple Choice

In which of the following ways can national savings be calculated?

• A) By deducting investment and government expenditure from total output
• B) By deducting net exports and government expenditure from total output
• C) By deducting consumption and government expenditure from total output
• D) By deducting consumption and investment from total output

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Definitions:

Linearly Related

A relationship between variables where a change in one variable is associated with a proportional change in another variable.

Final Grade

The conclusive evaluation or assessment of a student's performance in a course, often reflecting their knowledge, work ethic, and achievements.

Residual

The difference between observed values and the predicted values by a model, indicating the error in the prediction.

Family Income

The combined total income earned by members of a family, contributing to the household's total earnings.