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.

Question

Quizplus · Accepted Answer

After paying for consumption and government purchases, the amount of money that a nation has left is its national saving. This includes both public (government) and private saving. National disposable income is the total income earned by citizens and businesses in a country, but it does not necessarily reflect how much money remains after expenses. Public saving refers specifically to the government's saving, while private saving refers to the saving of households and businesses.

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