Prior to the 1930s, the majority of dollars spent by government was spent at the state and local levels

As an individual's consumption of a good increases

A) his or her total utility increases. B) his or her marginal utility increases. C) the price of the good increases. D) All of the above answers are correct.

The financing of investment spending is often made possible by

a. consumer spending. b. money supply creation. c. borrowing. d. tax reductions.