Assuming full employment, if the private sector saves 8 percent of its income and the government raises taxes by $500 to finance public investments, total investment will increase by $460.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The market supply curve for music downloads is Q = 135(P-1 ) where Q is millions of downloads and P is the price in dollars per track
If the current price is $1.20 per download, what is the change in producer surplus if the price increases by $0.20 per track? A) $5.4 million B) $8.1 million C) $10.8 million D) $27 million
The demand curve facing a monopolist is
A. horizontal at the market price. B. identical to the market demand curve for the good. C. exactly twice as steep as the market demand curve for the good. D. vertical because there are no competitors.
A chart of the ratio of national debt to GDP from 1915 to 2014 would show
a. a continuous decline. b. sharp increases from 1945 to 1975. c. significant increases from 1983 to 1994. d. significant decreases from 2003 to 2010.
The Federal Reserve Bank was modeled after the European Central Bank
a. True b. False Indicate whether the statement is true or false