Any pro-growth policy that increases investment requires
a. an eventual increase in GDP
b. increased production of consumption goods
c. decreased production of capital goods
d. a sacrifice of current consumption spending
e. reduced government spending
D
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
Refer to the graph. Which of the lines in the diagram represent(s) a regressive tax?
A. Both A and B.
B. D only.
C. C only.
D. B only.
Economics