Differentiate

question 39

Multiple Choice

Differentiate .

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Definitions:

Public Saving

Public saving refers to the surplus of government revenues over government spending. It's a component of national savings along with private savings.

Private Saving

The portion of household and business income that is not spent on current consumption but instead is saved or invested for future use.

Government Budget Deficit

A financial shortfall where a government's expenditures exceed its revenues.

Investment

The allocation of resources, usually money, into assets with the expectation of generating income or profit in the future.