If consumption and investment spending decline, then state and local government spending is likely to
A. Decline, leading to less economic instability.
B. Increase, leading to less economic instability.
C. Increase, leading to more economic instability.
D. Decline, leading to more economic instability.
Answer: D
Economics
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Since the period following World War II (the early 1950s), the proportion of most countries' production being used in some other country
A) remained constant. B) increased. C) decreased. D) fluctuated widely with no clear trend. E) increased slightly before dropping off.
Economics
One of the surprising conclusions of many of the noncooperative models of oligopoly is that firms end up better off with the noncooperative outcome than they would by cooperating with one another
Indicate whether the statement is true or false
Economics