Which of the following is most likely to reduce an individual's future spending?
A) Withdrawing money today
B) Lending money today
C) Paying back a loan in the future
D) Withdrawing money in the future
C
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Short-run aggregate supply is greater than long-run aggregate supply in the misperceptions theory if
A) the actual price level is greater than the expected price level. B) the actual price level equals the expected price level. C) the actual price level is less than the expected price level. D) output is less than its full-employment level.
An industry characterized by only a few firms in the market is called: a. a monopoly
b. monopolistic competition. c. an oligopoly. d. perfect competition.
Some examples of conventional types of fiscal policy actions are changes in government purchases or in personal taxes.
Answer the following statement true (T) or false (F)
Which of the following statements is FALSE?
What will be an ideal response?