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

question 19

Multiple Choice

In a closed economy,public 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)T - G - TR
• D)Y - C - T + TR

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Definitions:

Anti-Immigrant Sentiment

Prejudice, hostility, or discriminatory attitudes towards immigrants and their culture.

Committee on Public Information (CPI)

A U.S. government agency created during World War I to influence public opinion and promote support for the war effort through propaganda.

Propaganda

Propaganda is the use of media and other informational materials to influence public opinion or promote a particular cause or viewpoint, often by presenting biased or misleading information.

General Motors (GM)

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.