In Venezuela, the government attempted to control rising food prices by implementing price ceilings in the market. These price ceilings were set ________ the market prices, which resulted in ________ of food

If net taxes fall by $80 billion, we would expect

A) the government deficit to fall by $80 billion. B) household saving to rise by $80 billion. C) household saving to fall by more than $80 billion. D) household saving to rise by less than $80 billion.

Consumption, saving, and wealth all represent stock concepts because they are measured over a period of time

a. True b. False Indicate whether the statement is true or false