When is debt financing most likely to harm future generations of Americans?
a. When the debt is held by domestic investors.
b. Any time the debt is held by foreign investors.
c. When the debt is held by foreign investors and the funds are channeled into productive investment projects.
d. When the debt is held by foreign investors and the funds are used to finance either current consumption or unproductive investments.
D
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When investors reduce their investment spending, it is a sign that they are ________ about the economy
A) taking risks B) ill-advised C) optimistic D) pessimistic
One of the applications of game theory is a mathematical analysis of: a. competitive markets
b. competitive sports. c. the probability of various outcomes. d. interdependent decision making.
Tolls are not effective in altering people's incentives to drive during rush hour
a. True b. False Indicate whether the statement is true or false
If a government managed to reduce the time inconsistency problem by mandating that the central bank target inflation at a low rate, then
a. the long-run Phillips curve would shift right. b. the long-run Phillips curve would shift left. c. the short-run Phillips curve would shift up. d. the short-run Phillips curve would shift down.