A government budget deficit is financed by a combination of
A) saving rising relative to domestic investment and imports rising relative to exports.
B) saving rising relative to domestic investments and exports rising relative to imports.
C) domestic investment rising relative to saving and imports rising relative to exports.
D) domestic investment rising relative to saving and exports rising relative to imports.
A
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Good A has an income elasticity equal to -1.0 and a cross price elasticity with respect to Good B of 0.9 . Then: a. Good A is an inferior good and Goods A and B are substitutes. b. Good A is an inferior good and Goods A and B are complements. c. Good A is a normal good and Goods A and B are substitutes
d. Good A is a normal good and Goods A and B are complements.
A traffic light at an intersection is
a. a public good. b. a private good. c. a club good. d. a common good.