In a Closed Economy, National Saving

question 44

Multiple Choice

In a closed economy, national saving

• A) sometimes equals investment.
• B) always equals investment.
• C) is always less than investment.
• D) is always more than investment.
• E) is never equal to investment.

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Definitions:

Annual Profits

The total earnings of a business or company over the course of a year after all expenses have been deducted.

Complete Refund

The total return of money paid for a product or service, typically due to dissatisfaction or a defect.

External-operational Communication

The exchange of information between an organization and external parties, such as customers or vendors, that relates to its day-to-day operations.

Company Merger

The process by which two or more companies combine to form a single entity, often aiming to increase market share, reduce costs, or expand into new markets.