Which of the Following Is Correct

question 40

Multiple Choice

Which of the following is correct?

• A)In the national income accounts,investment and private saving refer to the same thing.
• B)In a closed economy if national saving is greater than zero,then everyone must be saving.
• C)The financial system channels funds from savers to borrowers.
• D)People whose consumption exceeds their income are savers.

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Definitions:

Determination

The method of precisely determining something, usually by means of calculation or investigation.

Multiple Regression Model

A statistical method involving the use of various predictor variables to determine the outcome of an outcome variable.

Critical Value

A threshold value that the test statistic must exceed in order to reject the null hypothesis in a statistical test.