In a Closed Economy, National Savings Is

question 169

Multiple Choice

In a closed economy, national savings is:

• A) the sum of the savings of individuals and corporations plus the savings of the government.
• B) the sum of public savings plus private savings.
• C) equal to national investment.
• D) All of these are true.

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Definitions:

Munchausen Syndrome By Proxy

A psychological disorder where a caretaker fabricates or induces illness in someone else, typically their child, to gain attention or sympathy.

Psychophysiological Disorder

Physical diseases which are either caused or exacerbated by mental factors like stress, emotional distress, and maladaptive behavior.

Conversion Disorder

A mental condition in which a person experiences neurological symptoms, such as blindness or paralysis, without a physical cause.

Cynical Personality

A personality trait characterized by a pervasive distrust and suspicion of others' motives and intentions.