If there is public dissaving, investment spending in the economy will decline, holding everything else constant
Indicate whether the statement is true or false
TRUE
You might also like to view...
Japan did not lead the world in automobile production in the 1950s because _________________________.
Fill in the blank(s) with the appropriate word(s).
Jelena lives in a poor country with very little capital. In contrast, Alejandro’s country is rich and has a lot of capital. The law of diminishing marginal returns to capital means that, to boost economic growth by 1 percentage point in both countries, ______.
a. Jelena’s country will need to add many more units of capital than Alejandro’s will need to b. both countries will need to add the same amount of capital c. Alejandro’s country will need to add many more units of capital than Jelena’s will need to d. Alejandro’s country will need to invest a significant amount of capital in Jelena’s country
A group of firms that try to work together to earn monopoly profits is called a(n)
A) monopolistic merger. B) public enterprise. C) cartel. D) natural monopoly.
A local theater charges $5.00 for every matinee (daytime) ticket, but the ticket prices are much higher during the evening. This is an example of
A) peak-load pricing. B) second-degree price discrimination. C) a two-part tariff. D) bundling. E) none of the above