At high levels of interest, borrowers will borrow ____ and suppliers will supply ____

a. more; less
b. less; more
c. less; less
d. more; more

b

Economics

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Suppose consumers save 8 percent of their incomes. If the government collects 4 dollar in taxes from each taxpayer and invested it in infrastructure, total social investment will ________ per taxpayer

A) increase by 32 cents B) increase by $ 4.32 C) increase by $3.68 D) decrease by 64 cents

Economics

Economic theory shows that the current account deficit is always equal to the capital account surplus. This means that

a. the federal budget must always be in balance. b. when a country exports more goods and services than it imports, it also imports assets equal to the difference. c. current account deficits should be avoided. d. trade deficits tend to be eliminated automatically.

Economics