Because of crowding out
A) expansionary fiscal policy during a recession must involve a tax increase.
B) expansionary fiscal policy during a recession is reinforced by private investment spending.
C) the effect of expansionary fiscal policy is partially offset by the decline in investment spending caused by higher interest rates.
D) expansionary fiscal policy is completely achieved even with a decline in investment spending.
C
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In which of the following would the richest tenth of the population be most likely to receive the highest percentage of the country's income?
A. Canada. B. Botswana. C. Sweden. D. Germany.
A decision to postpone commercial development of an undisturbed parcel shows an example of what type of economic benefits?
a. Direct use values b. Indirect use values c. Existence values d. Option values e. Bequest values
If labor is fixed at 5 units, how much does the second unit of capital add to total output? 
Amount of total output produced from various combinations of labor and capital.
A. 490 B. 390 C. 100 D. 50 E. none of the above
An elasticity of 1.5 means that a 1% change in price will lead to a ____% change in quantity demanded.
A. 0.5 B. 1.0 C. 1.5 D. 3.0