The size of planned consumption is influenced to a considerable extent by
a. the interest rate.
b. whether or not the government is running a deficit.
c. how much income people are receiving.
d. expected profits.
c. how much income people are receiving.
Economics
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Answer the following statement(s) true (T) or false (F)
1. Fiscal policy refers to the government's ability to print money. 2. Kobe beef, which some consider the best beef in the world, is produced in Japan and sold in the U.S. (in extremely limited quantities); this is an example of a U.S. import.
Economics
In monopolistic competition, each firm's marginal revenue curve has a ________ and its demand curve has a ________
A) slope equal to zero; slope equal to zero B) slope equal to zero; negative slope C) negative slope; a slope equal to zero D) negative slope; negative slope
Economics