23. Private savings is equal to: a. disposable income less taxes. b. disposable income less consumption. c. wealth. d. wealth plus government transfer payments.
23. Private savings is equal to: a. disposable income less taxes. b. disposable income less consumption. c. wealth. d. wealth plus government transfer payments.
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
Section: Chapter Questions
Problem 3CQQ
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![23. Private savings is equal to:
a. disposable income less taxes.
b. disposable income less consumption.
c. wealth.
d. wealth plus government transfer payments.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F439e38b0-ee6b-4bf4-ae0a-b4643589734d%2F17f62783-af67-4a3a-b7b9-95b0fdb0efd1%2Filsqxqd_processed.png&w=3840&q=75)
Transcribed Image Text:23. Private savings is equal to:
a. disposable income less taxes.
b. disposable income less consumption.
c. wealth.
d. wealth plus government transfer payments.
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