In a closed economy, what is the relationship between saving and investment?

A) Saving is greater than investment.
B) Investment may be greater or smaller than saving.
C) Investment is greater than saving.
D) Investment is equal to saving.

D

Economics

You might also like to view...

Jack just told his boss that he thinks his boss is an idiot. It is likely that Jack will be experiencing ________ unemployment in the near future

A) cyclical B) structural C) frictional D) permanent

Economics

A matched sale-purchase agreement of government securities by the Fed

A) permanently increases bank reserves. B) temporarily increases bank reserves. C) permanently reduces bank reserves. D) temporarily reduces bank reserves.

Economics