How can an economy's consumption expenditures be larger than its national income?
This can occur with dissaving, that is, by borrowing or by spending out of the savings that they
accumulated in the past.
Economics
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Ceteris paribus means allowing all things to change.
a. true b. false
Economics
ISI policies were brought to an end primarily by
A) their inability to solve the crises of the 1980s. B) authoritarian governments interested in total control over the economy. C) populist politicians. D) the growing perception that they were creating long-term economic inefficiencies. E) Both A and D.
Economics