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Author Question: In the equation S = Y - C, in order to interpret Y as disposable income, it is necessary to ... (Read 64 times)

gonzo233

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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.



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momolu

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Answer to Question 1

A

Answer to Question 2

B




gonzo233

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Reply 2 on: Jun 30, 2018
Excellent


billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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