Real GDP is the dollar value of all goods and services produced in an economy

If households decrease the amount of bank account withdrawals, the consumption function may shift upward

a. True b. False Indicate whether the statement is true or false

Public saving is positive when:

A. after-tax income of households and businesses is greater than consumption expenditures. B. after-tax income of households and businesses is less than consumption expenditures. C. the government's budget is balanced. D. there is a government budget surplus.