How does the growth in the daily volume of foreign currency transactions compare with the growth rate of the global economy?

Consider the following data for a closed economy:

a. Y = $12 trillion b. C = $8 trillion c. I = $3 trillion d. TR = $2 trillion e. T = $3 trillion Use the data provided to calculate the level of private saving and the level of public saving and demonstrate their relationship to investment.

In the United States, corporate profits are taxed

A) only at the corporate level. B) only when investors receive dividends. C) at both the corporate level and when investors receive dividends. D) neither at the corporate level nor when investors receive dividends.