In a Closed Economy,public Saving Plus Private Saving Is Equal

question 152

Multiple Choice

In a closed economy,public saving plus private saving is equal to

• A)investment.
• B)taxes minus transfers.
• C)the budget surplus.
• D)the budget deficit.

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Definitions:

Subalternate

In logic, a term referring to the relationship between a universal statement and its corresponding particular statement.

Disarmed

To remove weapons from a person, place, or military force, thereby reducing their capacity for violence or aggression.

Missiles

Guided military weapons designed to be launched into the air and strike a target at a distance.

Categorical Proposition

A declaration that confirms or refutes something regarding every member of a group.