In a closed economy, private saving, , is equal to
A) I - (G - T).
B) I + (G - T).
C) I + (G + T).
D) I - (G + T).
E) I + (G - T) + C.
B
Economics
You might also like to view...
Suppose that the Federal Reserve issued bonds in the amount of $45 million and the reserve requirement was 10%, what would be the resulting change to the money stock?
A) $45 million B) $450 million C) $4.5 million D) The bond issuance would not impact the money stock only the monetary base.
Economics
Recent income distribution figures in the United States show
A) slightly more inequality. B) less inequality. C) greater equity. D) less equity.
Economics