Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

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 hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.