National Saving in 2010 Was

question 53

Multiple Choice

National saving in 2010 was

• A)8.9 percent of GDP.
• B)1.5 percent of GDP.
• C)20.25 percent of GDP.
• D)31.35 percent of GDP.
• E)41.65 percent of GDP.

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period.

Master Budget

An all-encompassing financial plan for an organization, covering all of its operations and financial activities within a specific period.

Operating

A term relating to the daily activities of a business that are necessary for it to run and make a profit.

Financing

The process of providing or obtaining funds for business activities, making purchases, or investing.