Examlex
A portfolio that plots below the minimum variance portfolio is __________.
Taxes Minus Transfers
The net fiscal contribution of an individual or sector, calculated by subtracting government transfers received from taxes paid.
Private Saving
The portion of individuals' or households' income that is not used for consumption or paying taxes and is instead saved.
Closed Economy
An economic system that does not engage in international trade but relies entirely on its own resources and production.
Taxes Minus Transfers
The net amount individuals pay to the government after accounting for government transfers received, such as social security and unemployment benefits.
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