The relationship between household saving and business investment spending in equilibrium is: Planned investment = household saving - government spending + taxes
a. True
b. False
A
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Of the three agencies that have been created to promote residential housing, the only one that is an entity of the U.S. government is
A) Fannie Mae. B) Ginnie Mae. C) Freddie Mac. D) Sallie Mae.
If there is a permanent increase in demand for the product of a perfectly competitive industry, the process of transition to a new long-run equilibrium will include:
a. the entry of new firms. b. temporarily higher profits. c. both a and b. d. neither a nor b.
Eric, a resident of Sweden, purchases a book printed in the U.S. Which country's exports increase?
a. Sweden's b. the U.S.'s c. Sweden's and the U.S.'s d. neither Sweden's nor the U.S.'s
The voting outcome and the most preferred outcome of the median voter are the same in a simple majority vote where there are several options from which to choose
Indicate whether the statement is true or false