In a Closed Economy,national Saving Is

question 35

Multiple Choice

In a closed economy,national saving is

• A)usually greater than investment.
• B)equal to investment.
• C)usually less than investment because of the leakage of taxes.
• D)always less than investment.

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Definitions:

Moral Decision Making

The process of making choices that are consistent with one's ethical principles and values.

Empathy

The ability to understand and share the feelings of another, putting oneself in another's shoes.

Compassion

A deep awareness of and sympathy for another's suffering, combined with a desire to alleviate that suffering.

Kohlberg

A psychologist known for his theory on the stages of moral development, which proposes that individuals progress through a series of ethical reasoning levels as they age.