Financing government expenditure through deficits rather than through taxes will lead to higher spending if
A) it results in crowding in.
B) it results in crowding out.
C) people are more aware of taxes than they are of deficits.
D) people are more aware of deficits than they are of taxes.
C
Economics
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We measure the marginal ________ of a good by what a ________ for another unit of the good
A) benefit; person must pay B) cost; person is willing to pay C) benefit; person is willing to pay D) cost; person's preferences are
Economics
The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a Blu-ray discs is
A) 28,000 and $12. B) 20,000 and $20. C) 16,000 and $24. D) 16,000 and $16.
Economics