National saving
a. is the total income in the economy that remains after paying for consumption.
b. is the total income in the economy that remains after paying for consumption and government purchases.
c. is always greater than investment for a closed economy.
d. is equal to private saving minus public saving.
b
Economics
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A market in which many firms sell identical products is
A) a monopoly. B) an oligopoly. C) only perfectly competition. D) only monopolistic competition. E) both perfect competition and monopolistic competition.
Economics
Which of the following generally does NOT seek to maximize profit?
A) public sector companies B) corporations C) partnerships D) sole proprietorships
Economics