Take the following as truth: However, in recent years, as figure 4.1 illustrates, private saving-which is the major component of nonfederal saving-declined as federal saving rose-which is consistent with the Ricardian equivalence hypothesis.
Then the following statement: "Figure 4.2, however, seems to be not as consistent as Figure 4.1 in its findings." is true, false, or inconclusive?
Answer: Inconclusive