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:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.

Insurance Programs

Schemes offered by companies or governments to provide financial protection and risk management for individuals, properties, and liabilities.