A) the deficit is greater than the previous year’s deficit.
B) the deficit-to-GDP ratio is greater than the debt-to-GDP ratio.
C) it causes a drop in private saving.
D) it causes an increase in private saving.
E) none of the above
ANSWER:
E
A) the deficit is greater than the previous year’s deficit.
B) the deficit-to-GDP ratio is greater than the debt-to-GDP ratio.
C) it causes a drop in private saving.
D) it causes an increase in private saving.
E) none of the above
ANSWER:
E