Question

From a macroeconomic perspective, the problem of low household saving has probably been overstated because:
A) it is national saving, not household saving, that allows an economy to accumulate new capital.
B) household saving is not related at all to an economy's ability to accumulate new capital.
C) household saving has been increasing steadily over the last three decades.
D) household saving represents a smaller share of national saving than does public saving.

Answer 1

from a microeconomics perspective the problem of low household saving has probably been overstated because it is national saving ,not household saving that allows an economy to accumulate new capital.