If the government issues new government bonds to finance a budget deficit, the real interest rate in financial markets will ________ and investment spending will ________
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
B
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A reduction in the cost of cable TV subscriptions will ________ the ________ for televisions
A) decrease; supply B) decrease; demand C) increase; supply D) increase; demand E) None of the above is correct.
All of the following are positive statements EXCEPT
A) the President of the United States in 2008 was George W. Bush. B) California is in the United States. C) migratory birds fly south for the winter. D) a dog is man's best friend.
The unbalanced development strategy for economic development requires little government intervention
Indicate whether the statement is true or false
Every day for the past two years you've had ham and cheese on a whole wheat bagel for lunch at Bungalow Bob's Bagel Boutique. However, the price of whole wheat bagels has risen by 10 cents so today you decide to have ham and cheese on a rye bagel. In this case, whole wheat and rye bagels are best considered:
A) superior goods. B) normal goods. C) substitute goods. D) complementary goods.