When the government budget deficit rises, national saving is reduced, interest rates rise, and investment falls

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Refer to the scenario above. What is the probability of winning?

A) 16.66% B) 33.33% C) 45.55% D) 66.66%

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Why are externalities called market failures? Are pecuniary externalities also an example of market failure?

What will be an ideal response?

Economics