In a Closed Economy, If Y, C, and T Remained

question 141

Multiple Choice

In a closed economy, if Y, C, and T remained the same, a decrease in G would

• A)reduce private saving and public saving.
• B)increase private saving but not public saving.
• C)increase public saving but not private saving.
• D)increase neither private nor public saving.

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Definitions:

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The practice of visiting a store or showroom to examine a product before buying it online at a lower price.

Examining Products

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The payment of a fee to have products and services delivered on a recurring schedule.

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A United States-based company that provides a meal delivery service, offering pre-portioned ingredients and recipes to subscribers.