To State That Public Saving Is Equal to Investment, for a Closed

question 53

True/False

To state that public saving is equal to investment, for a closed economy, is to state an accounting identity.

---

Definitions:

Average Incomes

The mean income of a population, calculated by dividing the total income of the population by the number of people.

Poverty Definition

The state of being extremely poor, or the condition of those lacking sufficient money or material possessions for their needs.

Educational Attainment

Refers to the highest level of education an individual has completed.

Health Coverage

Insurance that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.