In a closed economy, if y and t remained the same, but g rose and c fell but by less than the rise in g, what would happen to public and national saving?.

Respuesta :

A situation where the g rose and c fell the effect on public and natioa;l savings is that public and national saving would fall.

What is national savings?

This is a term that is used to refer to the sum of the private and the public savings that exists in an economy.

When the following happens in a closed economy, it would lead to a fall in the public and the national savings.

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