The "crowding-out effect" suggests that

A. government spending is increasing at the expense of private investment.
B. imports are replacing domestic production.
C. private investment is increasing at the expense of government spending.
D. consumption is increasing at the expense of investment.


A. government spending is increasing at the expense of private investment.

Economics

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If the demand for labor is unchanged, population growth will increase the supply of labor and increase the equilibrium wage

Indicate whether the statement is true or false

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The demand for bread is likely to be more elastic than the demand for solid-gold bread plates

a. True b. False Indicate whether the statement is true or false

Economics

If there are sticky wages, and the price level is greater than what was expected, then

a. the quantity of aggregate goods and services supplied falls, which is shown by a shift of the short-run aggregate supply curve to the left. b. the quantity of aggregate goods and services supplied falls, as shown by a movement to the left along the short-run aggregate supply curve. c. the quantity of aggregate goods and services supplied rises, as shown by a shift of the short-run aggregate supply curve to the right. d. the quantity of aggregate goods and services supplied rises, as shown by a movement to the right along the short-run aggregate supply curve.

Economics

What are the effects on U.S. imports and exports when the U.S. experiences economic growth stronger than its major trading partners?

A. U.S. imports will increase more than U.S. exports B. U.S. exports will increase more than U.S. imports C. U.S. imports will decrease, but U.S. exports will increase D. There will be no effect on U.S. imports and exports

Economics