Public Saving Is Positive When

question 23

Multiple Choice

Public saving is positive when:

• A)there is a government budget surplus.
• B)after-tax income of households and businesses is less than consumption expenditures.
• 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:

Real Property

Refers to land and any permanent structures attached to it, such as buildings or houses.

Tangible Personal Property

Physical items owned by an individual or entity, such as furniture, vehicles, and electronics, excluding real estate.

Real Property

Land and anything permanently attached to it, such as buildings, fences, and natural resources, recognized as a form of tangible assets.

Immovable Property

Property that cannot be moved, such as land and anything permanently affixed to it, like buildings.