An Increase in Private Saving (S)can Be Reflected in

question 32

Multiple Choice

An increase in private saving (S) can be reflected in

• A)a reduction in the budget deficit.
• B)a reduction in investment.
• C)an increase in net exports.
• D)all of the above

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Definitions:

Different Culture

Refers to the unique characteristics, behaviors, beliefs, and ways of life of a group of people that distinguish them from other groups.

Cognitive Approach

A psychological perspective that focuses on how people think, understand, and know about the world.

Depression

A mental disorder marked by a continuous feeling of sadness or a lack of enthusiasm for activities, resulting in considerable disruption to everyday functioning.

Interpreted

Processed or explained in a specific way to add meaning or understanding.