You observe a closed economy that has a government deficit and positive investment.Which of the following is correct?
A) Private and public saving are both positive.
B) Private saving is positive;public saving is negative.
C) Private saving is negative;public saving is positive.
D) Both private saving and public saving are negative.
Correct Answer:
Verified
Q1: In a closed economy,what does (Y -
Q3: Which of the following lists correctly identifies
Q4: Which of the following statements is correct?
A)The
Q5: In which of the following cases would
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
Q11: In national income accounting,we use which of
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