The data below describe the economy of Econland: Public saving in Econland equals:
A)-5
B)5
C)16
D)17

Name: The data below describe the economy of Econland: Public saving in Econland equals: A)-5 B)5 C)16 D)17
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Question

The data below describe the economy of Econland:  Public saving in Econland equals:
A)-5 
B)5 
C)16 
D)17

Quizplus · Accepted Answer

Public saving is determined by the government surplus or deficit. In this case, net taxes are 30 (tax collections minus transfers and interest payments)while government purchases are 25, so there is a government surplus of 5.

The Data Below Describe the Economy of Econland: Public