If government saving is negative, then
A) G > T. B) Y + TR < C - T. C) T - TR < G. D) T > TR.
C
You might also like to view...
In general, the larger the price elasticity:
a. the smaller the responsiveness of price to changes in quantity. b. the smaller the responsiveness of quantity to changes in price. c. the larger the responsiveness of price to changes in quantity. d. the larger the responsiveness of quantity to changes in price.
Which of the following would be accounted for by real GDP per capita, but not by real GDP?
a. Even though a country’ s nominal GDP has increased, its economy has declined. b. A country has an inflation rate of 50 percent from 2010 to 2015. c. The population of a country increases 30 percent in five years. d. A country has an economic downturn from 2000 to 2010.
The kinked demand curve explains
A. How an oligopoly can achieve monopoly profits. B. The consequences of the interdependent behavior of oligopolists. C. Why oligopolists are more sensitive to cost changes than are competitive markets. D. Price-fixing along the elastic part of the demand curve and predatory pricing on the inelastic portion.
Unlike a monopolistically competitive firm's product, a monopolistic firm's product
A. has no close substitutes. B. has many close substitutes. C. has a vertical demand curve. D. is homogeneous.