Public saving is positive when:
A)there is a government budget surplus.
B)after-tax income of households and businesses is less than consumption expenditures.
C)the government's budget is balanced.
D)after-tax income of households and businesses is greater than consumption expenditures.

Question

Quizplus · Accepted Answer

In cases where T - G is positive, there is a government surplus and hence, a budget surplus.

Public Saving Is Positive When