A larger budget surplus
a. raises the interest rate and investment.
b. reduces the interest rate and investment.
c. raises the interest rate and reduces investment.
d. reduces the interest rate and raises investment.
d
You might also like to view...
Which of the following increases the chance of Americans accumulating a large amount of wealth during their lifetimes?
a. Starting to save money early in life b. Investing in the stock market c. Paying bills with cash d. Graduating from high school
Progressive income taxes are designed to
a. make the distribution of income less equal. b. leave unchanged the distribution of income. c. let the market determine the distribution of income after taxes. d. make the distribution of income more equal.
The long run is a period long enough so that one of the firm's commitments ends
a. True b. False Indicate whether the statement is true or false
Which economist said, "This focus on distribution makes the significance of distributional issues (transfer issues) in political life relatively greater and the significance of widespread common interest in political life relatively smaller."?
A) John Maynard Keynes B) Milton Friedman C) David Friedman D) Mancur Olson E) David Ricardo