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

question 18

Multiple Choice

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

• A)raise national saving and public saving.
• B)raise national saving and raise public saving.
• C)leave national saving and public saving unchanged.
• D)leave national saving unchanged and raise public saving.

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Definitions:

IFRS

International Financial Reporting Standards, which are accounting standards issued by the International Accounting Standards Board (IASB) for financial reporting globally.

Equity Method

An accounting technique used in consolidating the financial statements of entities in which an investment has been made and significant influence is held.

Subsidiary Company

A company that is completely or majority-owned by another corporation, known as the parent company.

Parent Company

A corporation that owns enough voting stock in another corporation to control its management and operations.