Which of the following is the best example of a government expenditure for goods or services?

A fiscal policy designed for maximum stimulus of economic growth must discourage current ________ and thus makes for, at least in the short run, a ________ even income distribution

A) consumption, less B) consumption, more C) private saving, less D) private saving, more

The theory of consumer demand

a. can be used to explain how an individual allocates time between two competing uses b. is valid only for choices among various physical goods c. is valid only for goods and services purchased for cash d. is valid only if consumers are perfectly rational e. can explain the demand for normal goods, but not the demand for inferior goods