Which of the following is NOT an expected consequence of balancing the federal government's budget?
A) increased private investment
B) increased borrowing from foreigners
C) reduced interest payment to foreigners
D) B and C.
B
Economics
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Adverse supply shocks can cause a recession with increasing price level
Indicate whether the statement is true or false
Economics
According to the above figure, then the supply curve will
A) shift from S1 to S2. B) shift from S2 to S1. C) remain at S1. D) shift either to the left or the right, but it is impossible to say without more information.
Economics