In a Closed Economy,if Y and T Remained the Same,but

question 41

Multiple Choice

In a closed economy,if Y and T remained the same,but G rose and C fell but by less than the rise in G,what would happen to public and national saving?

• A)public and national saving would rise
• B)public and national saving would fall
• C)public saving would rise and national saving would fall
• D)public saving would fall and national saving would rise

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Definitions:

Standard Of Conduct

The expected levels of behavior or ethical practices required of a person or organization, particularly in a professional context.

Expand

to increase in size, volume, quantity, or scope.

Manufacturing Plastic Products

The process of producing items from plastic materials through various methods such as molding, extrusion, or assembly.

Close Corporation

A type of corporation characterized by a limited number of shareholders, no public market for its shares, and often more informal management and operations.