Which of the Following Is Correct

question 40

Multiple Choice

Which of the following is correct?

• A)In the national income accounts,investment and private saving refer to the same thing.
• B)In a closed economy if national saving is greater than zero,then everyone must be saving.
• C)The financial system channels funds from savers to borrowers.
• D)People whose consumption exceeds their income are savers.

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Definitions:

Milligram

A mass unit that is equivalent to 0.001 of a gram.

Gram

An expression of mass measuring exactly one thousandth of a kilogram.

Milligram

A unit of mass equal to one thousandth of a gram, used in the metric system.

Microgram

A unit of mass in the metric system, equal to one-millionth of a gram.