When the amount of direct and indirect financing are summed, the result is usually:
A. equal to GDP.
B. less than GDP.
C. greater than 100% of GDP.
D. approximately 50% of GDP.
Answer: C
You might also like to view...
Suppose the price of beans rises from $1.00 a pound to $2.00 a pound, quantity demanded falls from 10 units to 6 units. In this example, the demand for beans is said to be
A) relatively elastic. B) relatively inelastic. C) perfectly elastic. D) perfectly inelastic.
If the supply curve is more inelastic than the demand curve, then:
A. the sellers will bear a greater tax incidence than the buyers. B. the sellers will bear a smaller tax incidence than the buyers. C. the sellers will bear an equal tax incidence as the buyers. D. Any of these could be true.
When a country allows trade and becomes an exporter of goods, producers gain more than consumers lose
a. True b. False Indicate whether the statement is true or false
Describe the three pillars of productivity growth.
What will be an ideal response?