An increase in government expenditure can ________ potential GDP and an increase in taxes can ________ potential GDP
A) increase; never change
B) increase; increase
C) decrease; decrease
D) never change; never change
E) increase; decrease
E
Economics
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_____ the externality generated by education, individuals have a _____ incentive to obtain an education for themselves
a. Because of; strong b. Despite; strong c. Because of; weak d. Despite; weak
Economics
“Since a public good is enjoyed by all members of society, willingness to pay for the good will not diminish as the amount produced increases.” Evaluate and use an example to support your answer
Please provide the best answer for the statement.
Economics