If government purchases are $400 million, taxes are $700 million, and transfers are $200 million, which of the following is true?
A) Public saving is $100 million. B) The budget deficit is $100 million.
C) The budget deficit is $500 million. D) Public saving is $500 million.
A
Economics
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Which of the following would not be included in the expenditure category called investment expenditures?
A) a purchase of shares of preferred stock B) spending on new houses C) a purchase of a copy machine by FedEx Office D) the cars held in inventory on a local Ford dealer's lot
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A common mistake made by consumers is the failure to take into account the monetary costs of their actions
Indicate whether the statement is true or false
Economics