In an economy with no taxes, an income level of $400 billion, consumption of $300 billion, and government spending of $25 billion, saving is equal to

A) $25 billion.
B) $100 billion.
C) $275 billion.
D) $375 billion.

B

Economics

You might also like to view...

When is price fixing not a violation of the antitrust laws?

What will be an ideal response?

Economics

Which of the following is an example of a negative network externality?

A. Playing terrible music very loudly in your dorm room B. Using a social media site like Facebook C. Driving on a crowded highway during rush hour D. Planting pretty flowers in front of one's house

Economics