An increase in the government's budget deficit means
a. public saving is greater than $0 and increasing.
b. public saving is greater than $0 and decreasing.
c. public saving is less than $0 and increasing.
d. public saving is less than $0 and decreasing.
d
Economics
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Is a sailboat purchased in Victoria, British Columbia, a private good or a public good?
What will be an ideal response?
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Which of the following statements is FALSE?
A) Economic goods are available in desired quantities at a zero price. B) A good is anything that gives satisfaction or happiness to individuals. C) Services are intangible goods such as dry cleaning, hospital care, and restaurant meal preparation. D) Wants are unlimited and include all material and nonmaterial desires.
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