In a Closed Economy,what Does (Y - T - C)represent

question 77

Multiple Choice

In a closed economy,what does (Y - T - C) represent?

• A)national saving
• B)government tax revenue
• C)public saving
• D)private saving

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Definitions:

Theory X

Assumption that employees dislike work and will try to avoid it.

Monetary Rewards

Financial benefits given to employees or individuals as a form of recognition or incentive.

National Labor Relations Act

A foundational statute in United States labor law which protects the rights of employees to organize and to bargain collectively with their employers.

Wagner Act

A foundational piece of U.S. labor law legislation enacted in 1935 that established the rights of workers to form unions and engage in collective bargaining with employers.