Private Saving Is Positive When

question 167

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) the after-tax income of the household and corporate sectors is greater than consumption expenditure.
• E) the after-tax income of households and businesses is less than consumption expenditurE.

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Definitions:

Ozone Layer

A protective layer in Earth's stratosphere that absorbs most of the Sun's ultraviolet radiation, shielding the planet from harmful UV light.

Cyanobacteria

A phylum of bacteria that obtain their energy through photosynthesis and are noted for their role in the oxygenation of the Earth's atmosphere.

Organic Polymers

Large molecules composed of repeating carbon-based units, including proteins, nucleic acids, and many synthetic materials.

Clay

A natural, earthy material composed of fine-grained minerals, typically used in ceramics and construction.