An increase in the government budget deficit causes national saving to _____, the interest rate to _____, and investment to _____
Fill in the blank(s) with correct word
decrease, increases, decreases
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Unlike a private good, a public good
A. has no opportunity costs. B. produces no positive or negative externalities. C. has benefits available to all, including nonpayers. D. is characterized by rivalry and excludability.
With respect to environmental issues, the GATT:
a. does not allow countries to adopt environmental laws that affect imports. b. allows countries to adopt environmental laws that affect domestic production but not imports. c. allows countries to adopt environmental laws that are applied uniformly against domestic producers and imports. d. allows countries to adopt more stringent laws affecting imports than domestic producers.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. B to A. B. C to D. C. B to D. D. A to C.
Firms react to unplanned increases in inventories by
A. increasing output. B. reducing output. C. increasing consumption. D. increasing planned investment.