Low rates of inflation are generally associated with
a. low rates of government spending.
b. small or nonexistent government budget deficits.
c. low rates of productivity growth.
d. low rates of growth of the quantity of money.
D
You might also like to view...
Other things being constant, if the marginal propensity to save (MPS) is 0.1, and private investment spending falls by $100 million, then real Gross Domestic Product (GDP)
A) increases by $1 billion. B) increases by $90 million. C) decreases by $1 billion. D) decreases by $10 million.
Which of the following is NOT a characteristic of a monopoly?
A) a single firm B) no close substitutes for the product produced C) barriers to entry D) easy entry and exit
In 2003, China's control of the value of the yuan became an economic and political issue for the U.S. because:
A) increased U.S. exports to China. B) decreased U.S. exports to China. C) increased China imports from the U.S. D) none of the above.
About what percentage of the goods and services purchased by U.S. consumers, businesses, and governments in 2012 were produced by foreigners?
A) 5% B) 14% C) 18% D) 40%