Multiple Choice
You observe a closed economy that has a government deficit and positive investment.Which of the following is correct?
A) Private and public saving are both positive.
B) Private saving is positive;public saving is negative.
C) Private saving is negative;public saving is positive.
D) Both private saving and public saving are negative.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: The country of Growpaw does not trade
Q32: If in a closed economy Y =
Q33: For a closed economy,GDP is $12 trillion,consumption
Q34: Mandy purchases 68.2 shares of a mutual
Q35: In a closed economy,national saving is<br>A)usually greater
Q37: Jim buys a $1000 bond from ABC
Q38: If an economy is closed and if
Q39: Suppose that in a closed economy GDP
Q40: Which of the following is correct?<br>A)In the
Q41: In a closed economy,if Y and T