A government budget deficit ________ the ________ interest rate and crowds out private investment, which ________ real GDP growth
A) raises; nominal; slows
B) raises; real; slows
C) raises; real; accelerates
D) lowers; real; slows
E) lowers; nominal; slows
B
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Explain how the volunteer's dilemma is a special case of the public goods problem in which the possibility exists that no one will end up providing the public good
What will be an ideal response?
Ala carte cable service could overcome inefficient motives that arise when programs can be bundled by cable service providers
Indicate whether the statement is true or false
The planned investment function shows that
A) real gross investment falls as real NNP increases. B) a negative relationship exists between the level of planned investment and the interest rate. C) a positive relationship exists between planned consumption and planned investment. D) at higher levels of planned saving, planned investment increases.
Primary sources of SO2 emissions are
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