In a Closed Economy,private Saving Is Equal to Which of the Following

question 229

Multiple Choice

In a closed economy,private saving is equal to which of the following? (Y = GDP,C = Consumption,G = Government purchases,T = Taxes,and TR = Transfers)

• A)Y - C - T
• B)Y - G - T
• C)Y - G - T + TR
• D)Y + TR - C - T

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Definitions:

Field

A single item of data in a database table, often corresponding to a column in the table.

Compact And Repair

A feature in Microsoft Access used to reduce file size and repair any issues in a database.

Back Up

The process of making copies of data or software files to protect against accidental loss or corruption.

Trust And Verify

A principle advocating for a two-step process where one initially trusts a party or system, but also performs checks to ensure reliability or validity.