Assume a government that runs consecutive budget deficits and trade surpluses. They decide to implement a new tax policy, resulting in a budget surplus. Everything else equal, what is the impact of that new budget surplus in private investment, private savings, and trade surplus, respectively?   Group of answer choices   Rises, falls, rises   Rises, falls, falls   Falls, rises, rises   Falls, rises, falls

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Assume a government that runs consecutive budget deficits and trade surpluses. They decide to implement a new tax policy, resulting in a budget surplus. Everything else equal, what is the impact of that new budget surplus in private investment, private savings, and trade surplus, respectively?

 

Group of answer choices

 

Rises, falls, rises

 

Rises, falls, falls

 

Falls, rises, rises

 

Falls, rises, falls

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