An increase in the government's budget surplus means public saving is
A)positive and increasing.
B)positive and decreasing.
C)negative and increasing.
D)negative and decreasing.

Question

Quizplus · Accepted Answer

A budget surplus occurs when a government's income exceeds its spending, leading to an increase in public saving. Therefore, if the government's budget surplus is increasing, it means public saving is positive and increasing.

An Increase in the Government's Budget Surplus Means Public Saving