In the U.S. economy, the offsetting effects of private saving compared to government borrowing are typically noted as being represented by which of the following ratios?
A. much less than one-to-one
B. slightly less than one-to-one
C. slightly more than two-to-one
D. much more than two-to-one
Answer:A
In the U.S. economy, the offsetting effects of private saving compared to government borrowing are typically noted as being represented by which of the following ratios?
A. much less than one-to-one B. slightly less than one-to-one C. slightly more than two-to-one D. much more than two-to-one
Explanation: Type: Multiple Choice