A decreased government deficit created by a lump-sum tax increase will increase national saving if
A) the value of government bonds outstanding grows slower than the public's wealth.
B) it causes consumption to fall.
C) the government runs a primary surplus as a result.
D) the real interest rate is less than the growth rate of real GNP.
B
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During the Global Economic Crisis, low unemployment rate in Germany is attributed to the policy of
A) "work-sharing." B) "money creation." C) "99-ers." D) "money powering."
Which of the following would lead to an increase in the demand for computer software?
a. a decrease in the price of computer software b. a decrease in the price of personal computers c. an decrease in the cost of producing computer software d. an decrease in personal income
The Board of Governors of the Federal Reserve is part of a larger policy-making group called the
A) Senate Banking Committee. B) Federal Deposit Insurance Corporation. C) American Banking Association. D) Federal Open Market Committee.
The barrier to entry that sustains a natural monopoly is:
A. economies of scale. B. implicit price fixing agreements. C. government regulation. D. patent protection.