Crowding out is when government borrowing and spending result in __________ interest rates, which reduces business investment and household consumption.
a. flat
b. higher
c. lower
d. reduced
b. higher
Economics
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During a time when the inflation rate is increasing each year for a number of years, are adaptive expectations or rational expectations likely to give the more accurate forecasts? Briefly explain
What will be an ideal response?
Economics
Average fixed cost is
A) AC minus AVC. B) TC divided by Q. C) AVC minus MC. D) TC minus TVC.
Economics
Discrimination based upon the quantity consumed is referred to as ________ price discrimination
A) first-degree B) second-degree C) third-degree D) group
Economics
The key to the equality of output and income is:
A. transfer payments. B. employee compensation. C. profit. D. business taxes.
Economics