In the equation S = Y - C, in order to interpret Y as disposable ...

[gonzo233]

In the equation S = Y - C, in order to interpret Y as disposable income, it is necessary to interpret S as ________ saving.
 
  A) private
  B) national
  C) government
  D) business

Question 2

A closed economy is one that
 
  A) has no government sector.
  B) neither borrows from nor lends to foreign countries.
  C) produces mainly agricultural goods.
  D) produces mainly manufactured goods.

[momolu]

Answer to Question 1

A

Answer to Question 2

B

[gonzo233]

Thanks for the timely response, appreciate it

[nathang24]

Excellent