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Which of the Following Statements Is False

question 13

Multiple Choice

Which of the following statements is false?


Definitions:

Trillion

A numerical value represented as 1,000,000,000,000, or 10^12, often used in the context of discussing national budgets or macroeconomic figures.

Private Saving

The amount of income left after individuals have paid taxes and consumed goods and services, which can be used for investment or lending.

Public Saving

The portion of a government's budget that is left after accounting for all its spending, essentially the government budget surplus.

National Saving

The total amount of saving in a country, comprising both private and public saving.

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