Public saving:
A)is always positive.
B)is the overall level of household wealth held in government bonds
C)is decided by the Bank of Canada.
D)depends on the government's tax collections relative to its expenditures.

Question

Quizplus · Accepted Answer

Public saving is determined by the difference between the government's tax collections and its expenditures. If tax collections exceed expenditures, public saving is positive; if expenditures exceed tax collections, public saving is negative.

Public Saving