National saving is defined as
A) the saving by the federal government.
B) saving by households and businesses plus government saving.
C) the total amount of household saving.
D) None of the above answers are correct.

Question

Quizplus · Accepted Answer

National saving includes the saving by households and businesses as well as government saving. Option A is incorrect because national saving encompasses all types of saving, not just federal government saving. Option C is incorrect because while household saving is a component of national saving, it does not constitute the total amount of national saving. Option D is incorrect because choice B is the correct answer.

National Saving Is Defined as