Which of the following actions does not promote capital deepening?
(A) Raising taxes to pay for building roads.
(B) A low population growth rate at the same time that capital stock expands.
(C) Borrowing money from foreign nations to invest in building infrastructure in this country.
(D) Saving less and spending more of one's disposable income.
Ans: (D) Saving less and spending more of one's disposable income.
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Most economists believe unions are bad for the economy as a whole
a. True b. False Indicate whether the statement is true or false
An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.
A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease
Decision making in the corporate hierarchy is a lot more spread out in _______ while CEOs are much better paid in _______.
A. the United States than in Japan; the United States than in Japan B. Japan than in the United States; Japan than in the United States C. the United States than in Japan; Japan than in the United States D. Japan than in the United States; the United States than in Japan
Why do we subtract import spending from total expenditures?
What will be an ideal response?