The private sector balance is equal to ________

A) income minus consumption minus net taxes
B) income minus consumption minus investment
C) saving minus investment
D) income minus consumption

C

Economics

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Determining whether the income distribution accurately reflects performance ability is possible, although difficult

Indicate whether the statement is true or false

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With complete crowding out, an increase in government spending

A) is completely offset by a reduction in private spending. B) is matched by an increase in private spending. C) results in an increase in aggregate supply. D) results in an increase in aggregate demand.

Economics