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
Economics
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