In a Closed Economy,what Does (Y - T - C)represent

question 77

Multiple Choice

In a closed economy,what does (Y - T - C) represent?

• A)national saving
• B)government tax revenue
• C)public saving
• D)private saving

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Definitions:

Magnuson-Moss Warranty Act

U.S. federal law that governs warranties on consumer products to ensure product standards and protect consumers.

Disclosure Requirements

Legal obligations mandating parties in certain transactions to provide all relevant information to other parties.

National Highway Traffic Safety Administration

A U.S. government agency responsible for enforcing vehicle performance standards and partnerships aimed at improving road safety.

Recalls Autos

The process by which manufacturers issue a request to return a batch of automobiles due to discovered defects or safety issues.