A decrease in government spending would cause all but one of the following to happen. Which is the exception?
a. The government's budget deficit would shrink.
b. The interest rate would decrease.
c. Consumption spending would increase.
d. Investment spending would increase.
e. Total output would decrease.
E
Economics
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If net exports increases, but neither government expenditure nor net taxes change, saving must increase
Indicate whether the statement is true or false
Economics
Consumers need information to make good choices. Which of the following is correct regarding this information?
a. Advertising is always harmful to consumers. b. Information is scarce and therefore valuable. c. Brand names offer no informational content. d. Acquiring more information is always rational. e. Marginal analysis does not apply to the acquisition of information.
Economics