The response of investment spending to an increase in the government budget deficit is called
A) private dissaving. B) expansionary investment.
C) income minus net taxes. D) crowding out.
Figure 21-5
D
Economics
You might also like to view...
The goal of expansionary fiscal policy is to:
A. increase the money supply. B. cool off the economy. C. reduce interest rates. D. stimulate the economy.
Economics
In the above figure, the competitive wage rate is ________ and the quantity of labor is ________
A) $7.00; 150 hours B) $8.00; 200 hours C) $6.00; 100 hours D) $8.00; 100 hours
Economics