Assuming GDP remains constant, if Country A has a deficit in its balance on goods and services, then which of the following will make it more negative?
a. Increased investment.
b. Increased saving.
c. Increased taxes.
d. Reduced government spending.
e. None of the above.
.A
You might also like to view...
Institutions that make loans to borrowers and obtain funds from savers are called
A) financial markets. B) financial intermediaries. C) financial conglomerates. D) financial branches.
Market failure is a term used to describe what happens when market arrangements do not allocate resources efficiently
a. True b. False Indicate whether the statement is true or false
In an economy experiencing a declining stock of capital:
A. depreciation is greater than gross private domestic investment. B. disposable income exceeds personal income. C. nominal GDP exceeds real GDP. D. gross private domestic investment is greater than depreciation.
Economists' attitude toward voluntary programs causes them to:
A. be skeptical of the potential success of such programs. B. actively oppose them on the grounds that they will do more harm than good. C. actively oppose them on the grounds that they are unfair. D. favor these programs over alternative solutions.