If the government collects more in tax revenue than it spends, and households consume more than they

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If the government collects more in tax revenue than it spends, and households consume more than they get in after-tax income, then

a. private saving and public saving are both positive.

b. private saving and public saving are both negative.

c. private saving is positive, but public saving is negative.

d. private saving is negative, but public saving is positive.

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Essentials Of Economics

ISBN: 9780357723166

10th Edition

Authors: N. Gregory Mankiw

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