An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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The current account must necessarily always be in balance
Indicate whether the statement is true or false
Economics
Which of the following, necessarily, equals zero when the firm's short-run output level is zero?
a. sunk costs b. fixed costs c. implicit costs d. variable costs e. opportunity costs
Economics
William and Jamal live in the country of Dumexia. As a result of Dumexia's legalization of international trade in bananas, William becomes better off and Jamal becomes worse off. It follows that William is a seller, and Jamal is a buyer, of bananas
a. True b. False Indicate whether the statement is true or false
Economics
What is the "price" commonly called in the labor market?
Economics