The savings of individuals or corporations within a country is called:
A. private savings.
B. national savings.
C. public savings.
D. real GDP.
Answer: A
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The consumer price index for a country in Year 1 was 129 and in Year 2, it was 133. The inflation rate of the country between the two years is approximately ________
A) 6 percent B) 2.2 percent C) 4 percent D) 3.1 percent
Refer to Figure 2.1. If you choose to produce only agricultural products, what is the maximum quantity you can produce per year?
A) 200 tons B) 400 tons C) 600 tons D) > 600 tons
Which of the following statements can explain why an association between Event A and Event B may not imply causality from A to B? a. The observed association may be coincidental
b. There may be a third variable that is responsible for causing both events. c. Causality may run from Event B to Event A instead of in the opposite direction. d. All of the above can explain why an association between Event A and Event B may not imply causality from A to B.
When the Fed makes a discount loan, the impact on the Banking System's balance sheet will reflect:
A. an increase in assets and a decrease in liabilities. B. an increase in assets and liabilities. C. an increase in liabilities with no change in assets. D. a decrease in assets and an increase in liabilities.