What is public saving equal to?
A) national saving
B) the total amount that consumers save
C) government spending plus transfers minus government revenue
D) government revenue minus government spending minus transfers

Question

Quizplus · Accepted Answer

Public saving is the difference between government revenue and the sum of government spending and transfers. When government revenue exceeds the sum of government spending and transfers, public saving is positive, indicating a budget surplus. Conversely, when government spending and transfers exceed revenue, public saving is negative, indicating a budget deficit.

What Is Public Saving Equal To