In a Closed Economy,what Does (T - G)represent

question 58

Multiple Choice

In a closed economy,what does (T - G) represent?

• A)national saving
• B)investment
• C)private saving
• D)public saving

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Definitions:

Bonds Payable

Long-term liabilities representing money owed by an entity to bondholders, to be repaid at a specified maturity date with interest.

Straight Line Amortization

A method of evenly spreading the cost of an asset over its useful life for accounting and tax purposes.

Straight Line Amortization

A technique for uniformly distributing the expense of an intangible asset across its lifespan.

Voting Shares

Securities affording the owner the ability to vote on important company decisions, including who gets elected to the board.