Take the following as truth: Higher federal saving-to the extent that the increased government saving is not offset by reduced private saving-would increase national saving and tend to improve the nation's current account balance, although typically not on a dollar-for-dollar basis.
Then the following statement: "When there's more saving done on a federal level, the public are more confident if they don't end up saving." is true, false, or inconclusive?
Answer: Inconclusive