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Question
Which of the following restrictions implies that private saving and investment are equal for a closed economy?a. Consumption and private saving are equal.
b. The economy's government is running neither a surplus nor a deficit.
c. Private saving and public saving are both zero.
d. No restriction is necessary; private saving and investment are equal for all closed economies.
Answer
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Related questions
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b. After selling stock, corporate management spends funds on projects with greater risks than shareholders had anticipated.
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d. A person decides to purchase only stocks that have paid high dividends in the past.
Q:
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