The private sector balance is saving ________ investment. If saving exceeds investment, a private sector ________ is lent to other sections. If investment exceeds saving, borrowing from other sectors finances a private sector ________
A) minus; deficit; surplus
B) plus; surplus; deficit
C) minus; surplus; deficit
D) plus; deficit; deficit
E) minus; surplus; surplus
C
Economics
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Using the information in situation 20-2, if government increases their spending by $50 and increases net taxes by 50, then equilibrium aggregate output will change by
A) -$100. B) -$50. C) $50. D) $100.
Economics
"Satisficing" rather than "maximizing" primarily emerges under conditions where
a. information is costly. b. management lacks ambition. c. profit maximization is rejected on moral grounds. d. risk is minimal.
Economics