According to the Definitions of National Saving and Private Saving,if

question 9

Multiple Choice

According to the definitions of national saving and private saving,if Y,C,and G remained the same,an increase in taxes would

• A)raise both national saving and private saving.
• B)raise national saving and reduce private saving.
• C)leave national saving and private saving unchanged.
• D)leave national saving unchanged and reduce private saving.

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Definitions:

Percentiles

Statistical measures indicating the value below which a given percentage of observations in a group of observations falls.

Interquartile Range

A measure of variability, defined as the difference between the first and third quartiles, describing the middle 50% of a data set.

25th Percentile

A value below which 25% of the data falls.

75th Percentile

A value below which 75% of the data points in a dataset fall, used as a measure of dispersion.