If not recycled, an input used in production ultimately winds up as a waste product

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

True

Economics

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In the classical model, desired saving

A) is inversely related to real income. B) exceeds investment. C) is equal to desired investment. D) is less than desired investment.

Economics

If business taxes are reduced and the real interest rate increases:

A. consumption and saving will necessarily increase. B. the level of investment spending might either increase or decrease. C. the level of investment spending will necessarily increase. D. the level of investment spending will necessarily decrease.

Economics