When the government wants to spend money
a. current consumption will fall only if the government borrows.
b. current consumption will fall only if the government raises taxes.
c. current consumption will fall if the government borrows or raises taxes.
d. current consumption will not be affected.
c. current consumption will fall if the government borrows or raises taxes.
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A major advantage of productivity ratios is:
What will be an ideal response?
Assuming all else equal, what is likely to happen to the demand curve for reserves in an economy if it goes through a period of rapid expansion?
A) There will be a n upward movement along the demand curve for reserves. B) The demand curve for reserves will shift to the left. C) There will be a downward movement along the demand curve for reserves. D) The demand curve for reserves will shift to the right.