Which of the following is correct?
A. Private saving equals national saving plus public saving.
B. National saving equals private saving plus public saving.
C. National saving equals public saving minus private saving.
D. Public saving equals national saving plus private saving.
Answer: B
You might also like to view...
“Protection” is designed to help
A. firms whose relative inefficiency does not permit successful competition with imports. B. workers who have very high productivity, and cannot survive against low-paid foreign workers. C. government that needs revenue from tariffs and quotas to cover government spending. D. firms that are highly efficient and cannot survive against low-price foreign imports.
Roberto consumes Coke exclusively. He claims that there is a clear taste difference and that competing brands of cola leave an unsavory taste in his mouth. In a blind taste test, Roberto is found to prefer Coke to store-brand cola eight out of ten times. The results of Roberto's taste test would refute claims by critics of brand names that
a. consumers are always willing to pay more for brand names. b. brand names cause consumers to perceive differences that do not really exist. c. consumers with the lowest levels of income are the most likely to be influenced by brand name advertising. d. brand names are a form of socially efficient advertising.
Studies in the last 30 years have shown that in highly concentrated industries __________ are seldom lowered, while similar studies of labor unions indicate that _________ cuts are seldom accepted.
Fill in the blank(s) with the appropriate word(s).
In the United States, research and development spending as a percentage of GDP is:
A. 1.5 to 2.0 percent, which is lower than that of most other industrial countries. B. 2.5 to 3.0 percent, which is higher than that of most other industrial countries. C. 4.5 to 5.0 percent, which is lower than that of most other industrial countries. D. 5.5 to 6.0 percent, which is higher than that of most other industrial countries.