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:

Norms

Socially accepted rules of behavior that govern the actions of members within a society or group.

MMPI

The Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology.

Lower Intelligence

Intelligence levels that are considered below the average or typical range for a population.

Reading Skills

The abilities required for interpreting written language, including comprehension, decoding, and fluency.