1.Economists in White House had shown to President Roosevelt, on his assuming the office of the President of the U.S., the following diagram depicting the positions of private investments and private savings curves of the U.S.. Now, answers the following two questions:

I.History tells us that in order to fight out Great Depression, President Roosevelt initiated Public Works Program on a large scale using deficit budget to boost up public investment. This historical measure must lead to the following:

a)To boost up private savings to eliminate the gap between private savings and private investment.

b)To crowd out private investment leading to a larger gap between private savings and private investment.

c)To boost up private investment more than boosting up of private savings, so as to close the gap between private savings and private investment.

d)To boost up private savings more than boosting up of private investments so as to increase the gap between private savings and private investment.