In the Equation $( Y - T - C ) + ( T - G ) + ( \mathrm { IM } - \mathrm { EX } ) = I$

question 107

Multiple Choice

In the equation $( Y - T - C ) + ( T - G ) + ( \mathrm { IM } - \mathrm { EX } ) = I$ , the left-hand side is called:

• A) investment
• B) private saving
• C) total saving
• D) government debt
• E) public saving

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Definitions:

Accounts Payable

An obligation that a company has to pay off short-term debts to its vendors or service providers for purchases made on credit.

Chart of Accounts

An organized classification of all financial accounts in a business's accounting system, facilitating the recording of transactions and financial reporting.

Dividends

Payments made by a corporation to its shareholder members from its profits.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of the stockholders.