National saving equals private saving plus government saving, which in turn equalsA. GDP + NFP C - G.B. GDP + C + G.C. C+ S + T.D. GDP + NFP.

National saving is the total income that businesses, households, and the government save in an…

Answered: National saving equals private saving…

National saving equals private saving plus governm O A. GDP + NFP – C – G. B. GDP + C + G. C. C+ S + T. D. GDP + NFP. savir equals

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Savings,investment And The Financial System

Section18.2: Saving And Investment In The National Income Accounts

Problem 2QQ

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Concept explainers

Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.

Question

National saving equals private saving plus government saving, which in turn equals
A. GDP + NFP C - G.
B. GDP + C + G.
C. C+ S + T.
D. GDP + NFP.

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