Public Saving Is Negative When

question 80

Multiple Choice

Public saving is negative 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:

Derived Class

A class that inherits properties and behaviors from another class, known as the base class.

Parent Class

A class from which other classes inherit properties and methods.

Inheritance

A feature of object-oriented programming where a new class is created from an existing class, inheriting fields and methods of the existing class while allowing new elements to be added or existing ones to be modified.