In a Closed Economy,what Remains After Paying for Consumption and Government

question 4

Multiple Choice

In a closed economy,what remains after paying for consumption and government purchases is

• A)national disposable income.
• B)national saving.
• C)public saving.
• D)private saving.

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Definitions:

Coercive Power

A form of power that is based on the ability to force someone to comply through threats or punishment.

Store Manager

An individual responsible for overseeing the daily operations of a retail store, including staff management and customer satisfaction.

Referent Power

Influence based on followers' identification, admiration, or respect for the leader rather than formal authority.

Reward Power

Reward power is the ability of an individual to influence others' actions by controlling access to desired resources or rewards.