Which of the following is true?
A) National income = Consumption - Savings + Taxes
B) National income = Consumption + Savings + Taxes
C) National income = Consumption + Savings - Taxes
D) National income = Consumption - Savings - Taxes
B
You might also like to view...
Refer to the table. In a choice between public safety and parks:
A. the outcome would depend on which item was listed first on the ballot.
B. a majority of voters would favor public safety.
C. no voter decision is possible.
D. a majority of voters would favor parks.
By international standards, the household saving rate of the United States:
A. was low through the 1970s and 1980s, but increased throughout the 1990s to become one of the highest. B. has not ever really been high. C. was extremely high until the 1980s. D. has always been very high.