Chapter 6 (6.2) Flashcards
1
Q
A reduction in the government budget deficit reduces national saving.
true
false
A
false
2
Q
National saving is
the amount of saving by businesses and the government.
the amount of saving by businesses.
the amount of saving by households.
the amount of saving by households and the government.
the amount of saving by businesses and households.
A
the amount of saving by households and the government.
3
Q
Government saving equals
government purchases of goods and services less taxes.
government purchases of goods and services plus transfer payments less taxes.
taxes.
transfer payments.
taxes less government expenditures.
A
taxes less government expenditures.
