If the government collects more in tax revenue thanit spends, and households consume more than theyget in after-tax income, thena. private saving and public saving are both positive.b. private saving and public saving are bothnegative.c. private saving is positive, but public saving isnegative.d. private saving is negative, but public saving ispositive.
If the government collects more in tax revenue thanit spends, and households consume more than theyget in after-tax income, thena. private saving and public saving are both positive.b. private saving and public saving are bothnegative.c. private saving is positive, but public saving isnegative.d. private saving is negative, but public saving ispositive.
Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN:9781285165912
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter13: Savings,Investment And The Financial System
Section: Chapter Questions
Problem 2QCMC
Related questions
Question
If the government collects more in tax revenue than
it spends, and households consume more than they
get in after-tax income, then
a. private saving and
b. private saving and public saving are both
negative.
c. private saving is positive, but public saving is
negative.
d. private saving is negative, but public saving is
positive.
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