In a Closed Economy, What Is Public Saving

question 203

Multiple Choice

In a closed economy, what is public saving?

• A) the amount of income that households have left after paying for taxes and consumption
• B) the amount of income that businesses have left after paying for the factors of production
• C) the amount of tax revenue that the government has left after paying for its spending
• D) the amount of total income minus total expenditure

---

Definitions:

High School Diving

A competitive sport in high schools involving diving into water from a platform or springboard, judged on the execution of specific dives.

Increasingly Risky Dives

Diving activities that involve greater risks due to factors such as increased depth, unknown environments, or challenging conditions.

Testosterone-Replacement Therapy

A medical treatment designed to boost levels of testosterone in individuals with low testosterone, often for reasons like hypogonadism or significant hormonal imbalance.

Sexual Desire

A biopsychosocial phenomenon characterized by an interest or inclination towards sexual activity or intimacy.