The government sector sells resource services to households and buys goods and services from firms
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Economics
If consumption is $800 when income is $1,000 . the marginal propensity to consume (MPC) must be 0.80
a. True b. False Indicate whether the statement is true or false
Economics
Marketable debt from the U.S. government in the form of bonds, notes, and bills is known as
a. monetized debt b. crowding out c. derivatives d. Treasury securities e. external debt
Economics
Inflation targeting requires monetary policy makers to rely heavily on the Phillips curve
a. True b. False Indicate whether the statement is true or false
Economics