Government debt ________ the amount of savings available to firms and thus ________ the amount of capital in the economy
A) decreases; increases B) increases; decreases
C) decreases; decreases D) increases; increases
C
Economics
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What happens to the budget constraint of the recipient when he receives the $100 cash under Plan A? What is likely to happen to his consumption of both food and "all other goods" if they are both normal goods?
What will be an ideal response?
Economics
Sports announcers often refer to a batter in a hitting slump as "being due." If they are correct, then it must be the case that
A) a batter's hits are randomly distributed. B) a batter's at-bats are related to each other. C) a batter's at-bats are independent of each other. D) baseball players are acting irrationally.
Economics