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Subject - Economics:

Macroeconomics

MCQ - 197-4207

Question:

In a private closed economy, which of the following statements is true?

  1. Household saving can never be negative.
  2. Investment is always greater than savings.
  3. The economy is in equilibrium when consumption equals saving.
  4. Investment is always greater than savings.
  5. Government is the only source of spending and investment.

Correct Answer: D

Explanation:

Consumption spending is equal to disposable income minus saving: C = DI – S .

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269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: In a private closed economy, which of the following statements is true? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 197-4207.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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