In the absence of a Ricardo-Barro effect, a government budget deficit ________ the demand for loanable funds and ________ investment
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
B
Economics
You might also like to view...
Refer to the scenario above. Alex should place a bid of ________
A) $187.50 B) $200.50 C) $225 D) $250
Economics
On December 10 the price of a Christmas tree is $50 and 100 trees are purchased. On December 20 the demand for Christmas trees decreases so that the price falls to $30 and 20 trees are purchased. From this set of facts, the
A) demand for Christmas trees is price inelastic. B) demand for Christmas trees is price elastic. C) supply of Christmas trees is inelastic. D) supply of Christmas trees is elastic.
Economics