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:

Positive Reference Group

A group that individuals aspire to or identify with, often influencing their attitudes, behaviors, and perceptions of self.

Membership Group

Kelley’s term for a group to which we belong by some objective external criterion.

Developing Norms

Rules or standards of behavior that are evolving or being established within a group or society.

Immediate Family

Consists of one's closest relatives, such as parents, siblings, and children, often considered the first social unit an individual belongs to.