Answered

Find the best solutions to your problems with the help of IDNLearn.com's experts. Discover in-depth and trustworthy answers to all your questions from our experienced community members.

When the government's budget deficit increases the government is borrowing less and public savings increases.

Sagot :

The given statement is false.

Government budget deficit occurs when government spending exceeds its income.  When government deficit increases, debt increases. This is because a deficit would need to be funded by additional borrowing. Thus, borrowing increases.

Public saving is national income less consumption and government spending. When deficit increases, government spending increases and public savings decline.

A similar question was answered here: https://brainly.com/question/10876388

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.