Yes. As deficit spending goes up, it is likely government borrowing will, too. Then foreign residents who lend funds to the U.S. government have less to spend on our goods, so U.S. exports will fall.
Answer the following statement(s) true (T) or false (F)
Ans: True
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The efficient quantity of a public good is the quantity that has the highest possible marginal social benefit
Indicate whether the statement is true or false
Which of the following is true of vertical integration?
a. It leads to the formation of larger firms from smaller ones. b. It occurs when a firm adds more layers of management. c. It occurs when firms try to buy up their competitors and corner the market. d. It has no effect on the internal organization of a firm; it only affects outside markets. e. It occurs when a firm buys another firm in a completely unrelated market.
At the time the _________ was passed, the ratio of total earnings for African American men was 62% of their white counterparts. Today the gap is smaller, although it still has not closed.
a. Fair Labor Standards Act of 1938 b. Civil Rights Act of 1964 c. Taft-Hartley Act of 1947 d. National Labor-Management Relations Act of 1935
Centrally planned economies are not constrained by the problem of scarcity
a. True b. False Indicate whether the statement is true or false