The current deficit is

A) the deficit minus government investment.
B) the deficit plus net interest payments.
C) the deficit minus current expenditures.
D) the deficit minus depreciation.

A

Economics

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Figure 10-5


In Figure 10-5, which graph best illustrates the situation of an economy near full employment that experiences an increase in autonomous consumer spending?

a.
(1)

b.
(2)

c.
(3)

d.
(4)

Economics

Marginal analysis suggests that you will engage in more of an activity if the:

A. total benefit of the activity is less than the total cost. B. additional benefit from the activity exceeds the additional cost. C. additional cost of the activity exceeds the additional benefit. D. total benefit from the activity exceeds the total cost.

Economics