If an Economy Is Closed and If It Has No

question 38

Multiple Choice

If an economy is closed and if it has no government,then

• A)national saving = 0.
• B)national saving = private saving.
• C)public saving = investment.
• D)gross domestic product = consumption.

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Definitions:

Parent Company

A corporation that owns a controlling interest in another company or companies, allowing it to control their policies and management.

Subsidiary Company

A company that is controlled by another company, typically referred to as the parent company.

Dividend Income

Earnings received by shareholders from their investment in a corporation's stocks, typically in the form of cash dividends.