In national income accounting,we use which of the following pairs of terms interchangeably?
A) "investment" and "private saving"
B) "investment" and "purchases of stocks and bonds"
C) "saving" and "national saving"
D) "public saving" and "government tax revenue minus government spending"
Correct Answer:
Verified
Q6: The assumption of a closed economy
A)applies to
Q7: Which of the following is not correct?
A)Gross
Q8: Which of the following is correct?
A)In the
Q9: The identity that shows that total income
Q10: The purchase of a new house is
Q12: If national saving in a closed economy
Q13: A closed economy
A)does not trade with other
Q14: A closed economy
A)does not engage in international
Q15: A closed economy does not engage in
Q16: In a closed economy,what remains after paying
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