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

question 56

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 private and national saving?

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

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Definitions:

Wider

Broad or extended in range, scope, or breadth.

Narrower

Describes something that is more limited in width or scope compared to another.

Sample Size

The number of observations or data points that are collected or selected from a population for the purpose of statistical analysis.

Hispanic Populations

Refers to people of Spanish-speaking backgrounds or origins, primarily found in Latin America, Spain, and the United States.