Deficits are a burden on future generations if they
A) cause higher rates of inflation to occur.
B) are not used for government capital formation.
C) cause national saving to fall.
D) are always a primary government deficit.
C
Economics
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If an economy experiences an increase in its labor force, everything else constant, then its production possibilities frontier (PPF) will
A) expand outward but keep its original shape. B) expand outward largely in the direction of the labor intensive good. C) expand outward largely in the direction of the capital intensive good. D) not expand until capital grows.
Economics
A significant increase in the price of a consumer good that has suddenly become much more scarce
What will be an ideal response?
Economics