Private saving is positive when:
A. the government's budget is balanced.
B. there is a government budget surplus.
C. there is a government budget deficit.
D. after-tax income of households and businesses is greater than consumption expenditures.
Answer: D
Economics
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Without any change in the demand for labor, how will shifts in the supply of labor affect equilibrium wage and employment?
What will be an ideal response?
Economics
The demand for labor increases (that is, the demand for labor curve shifts rightward) if the
A) wage rate increases. B) wage rate decreases. C) price of the firm's output rises. D) price of the firm's output falls.
Economics