Private Saving Is Positive When

question 97

Multiple Choice

Private saving is positive when:

• A)there is a government budget surplus.
• B)there is a government budget deficit.
• C)the government's budget is balanced.
• D)after-tax income of households and businesses is greater than consumption expenditures.

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Definitions:

Income

The money received by an individual or entity, typically on a regular basis, for work or through investments.

Consumption

The use of goods and services by households or individuals, leading to the reduction of their life span or value.

Income

The monetary payment received for goods or services, or the profit earned from an investment, important for analyzing economic welfare and distribution.

Nuts

Nuts are edible seeds typically encased in a hard shell, often consumed for their nutritional content, including proteins, fats, and various minerals.