According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would

Question

3 years ago

7

According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would

__________.a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.

Social Studies

1 answer:

erastova [34] · Answer 1 · 2022-02-25T12:06:18+03:00

erastova [34]3 years ago

6 0

Answer:

c. lower private saving and raise public saving.

Explanation:

According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would lower private saving and raise public saving.