If National Saving in a Closed Economy Is Greater Than $Y - C - G > 0$

question 44

Multiple Choice

If national saving in a closed economy is greater than zero,which of the following must be true?

• A)Either public saving or private saving must be greater than zero.
• B)Investment is positive.
• C) \(Y - C - G > 0\)
• D)All of the above are correct.

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Definitions:

Enforceable Security Interest

A legal claim or lien on collateral that secures the fulfillment of a debt or obligation, which can be enforced in court.

Escrow

A financial arrangement where a third-party holds and regulates payment of the funds required for two parties involved in a given transaction, ensuring fair and secure dealing.

Collateral

An asset offered as security for a loan, which can be seized by the lender if the borrower defaults on the loan payments.

Security Agreement

A legal document that secures an interest in collateral for a lender in a secured transaction.