Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

multiple choice 1 point an increase in the governments budget deficit m…

Question

multiple choice 1 point an increase in the governments budget deficit means public saving is less than $0 and decreasing. public saving is less than $0 and increasing. public saving is greater than $0 and decreasing. public saving is greater than $0 and increasing.

Explanation:

Brief Explanations

In economic terms, when the government has a budget deficit and it increases, it implies that the government is borrowing more. Public saving is the difference between government revenue and government spending. A growing budget - deficit means government spending is outpacing revenue more, so public saving is less than $0 and decreasing.

Answer:

public saving is less than $0 and decreasing.