Because a government budget deficit represents
a. negative public saving, it increases national saving.
b. negative public saving, it decreases national saving.
c. positive public saving, it increases national saving.
d. positive public saving, it decreases national saving.
b
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Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. The coupon rate for bond A is
A. 2.5 percent. B. 2.9 percent. C. 7.5 percent. D. 0.025 percent.
When the official price for goods and services is below the equilibrium price in a market, prices no longer perform their rationing function efficiently
a. True b. False Indicate whether the statement is true or false
First, what can be done to increase central bank credibility? Second, why is central bank credibility important?
What will be an ideal response?
The Lorenz curve shows the distribution of
A. wealth. B. income. C. poverty. D. jobs.