In a small closed economy investment is $50 billion and private saving is $45 billion. What are public saving and national saving?

What will happen to the demand curve for tea workers if the price of tea increases, assuming all else equal?

A) There will be an upward movement along the demand curve for tea workers. B) There will be a leftward shift in the demand curve for tea workers. C) There will be a downward movement along the demand curve for tea workers. D) There will be a rightward shift in the demand curve for tea workers.

According to this Application, the failure of including cell phones in a timely manner when calculating the CPI caused the telecommunications component of the price index

A) to become negative. B) to be biased upward. C) to be biased downward. D) to actually register no perceptible bias.