In a closed economy,what does (T - G) represent?
A) national saving
B) investment
C) private saving
D) public saving
Correct Answer:
Verified
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
Q18: Y = C + I + G
Q19: Which of the following equations will always
Q20: Net exports must equal zero for any
Q21: Suppose the economy is closed and consumption
Q22: For a closed economy,GDP is $12 trillion,consumption
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