Domestic saving must equal domestic investment in
a. both closed and open economies.
b. closed, but not open economies.
c. open, but not closed economies.
d. neither closed nor open economies.
b
Economics
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A policy that offers parents a tax reduction based on how much they are saving for their children's college education should ________ the equilibrium level of loanable funds and ________ the rate of long-term growth
A) increase; decrease B) increase; increase C) decrease; decrease D) decrease; increase
Economics
A decrease in the reserve requirements causes
A. reserves to rise. B. reserves to remain the same. C. the money multiplier to rise. D. the money multiplier to fall.
Economics