Question: Consider the expressions T - G and Y - T - C. Which of thefollowing statements is correct? Each one of these is equal to

  1. Consider the expressions T - G and Y - T - C. Which of thefollowing statements is correct?

    Each one of these is equal to national saving.

    Each one of these is equal to public saving.

    The first of these is private saving; the second one is publicsaving.

    The first of these is public saving; the second one is privatesaving.

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