Refer to the figure below to answer the following questions.
Figure 7.3.1
-In Figure 7.3.1, private saving is _______ and the government has a budget _______.

Question

Refer to the figure below to answer the following questions.
  Figure 7.3.1
-In Figure 7.3.1, private saving is _______ and the government has a budget _______.

Quizplus · Accepted Answer

Private saving is the portion of income not consumed by households or the government. The government budget balance is the difference between its tax revenues and spending. Without specific figures from Figure 7.3.1, the explanation is based on general economic principles. However, given the choices, the correct answer involves recognizing the scenario described, typically involving calculations or information provided in such a figure.

Refer to the Figure Below to Answer the Following Questions